2024 Social Security Increase Amount Per Month. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2.

 — while the 2024 cost of living increase boosted benefits by 3.2%, there’s still a cap on how much you’re eligible to receive per month, depending on when you begin.  — social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.