What Is The Social Security Increase For 2024. Social security recipients and others on fixed incomes will soon see a slight increase in their monthly benefit checks from the u.s. Learn about the 2024 social security payment increase, upcoming check dates, and who can apply.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.