2024 Social Security Increase Dates November. The 2024 cola should bring the average benefit to about $1,770, which is a nearly $200 bump in two. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
Ssi beneficiaries get two payments in may, august and november, while no payments are deposited in january, june and september. The social security tax limit was increased by 5.2% in 2024, sending the limit from $160,200 in 2023 to $168,600 in 2024.
2024 Social Security Increase Dates November Images References :