Increase Of Social Security 2024. Starting this month, retired americans are set to earn up to $4,873 in social security payments due to annual cost of living adjustments. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024.
How much is the increase: Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in.