Social Security Increase 2024 Increase. 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 moderating consumer prices. The 3.2% increase will apply to all social security benefits,.

This adjustment will affect social security retirement, disability, and ssi payments. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.