Social Security $600 Increase Ssi 2024

Social Security $600 Increase Ssi 2024. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. Social security recipients are not receiving a $600 increase to their monthly payments.

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Among the 268 million people under age 65 in the u.s., 5% or 13.