Social Security Increase 2024 Announcement. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Johnson predicted a benefit recipient receiving $1,870 per month from the social security administration (ssa) would see their monthly payment rise by about.

To increase the medicare tax to from 3.8% to 5% for people making more than. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.