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Social Security Going Up 2024

Social Security Going Up 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.


Social Security Going Up 2024

But there’s another big social security change arriving in 2024 that’s going to impact workers who earn a higher wage. The average monthly ssdi payment for 2024 increases by $48 and the maximum ssi benefit goes up by $29.

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