2024 Social Security Increase Rate Increase. Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday. Social security and supplemental security income (ssi) benefits for approximately 70 million americans will increase 3.2% starting in january 2024, far less than the previous.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting.