Cost Of Living 2024 Social Security Increase Update. For 2024, social security benefits and supplemental security income (ssi) payments. That equates to an average monthly rise of about $55 for all.
For 2024, social security benefits and supplemental security income (ssi) payments. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025.