Social Security Increase 2024 Date. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. 71.6 million people received benefits from programs administered by the social security administration (ssa) in 2023.
As things stand now, the increase for 2025 will be below both levels. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.