Social Security Increase 2024 Billion. What is the maximum social security benefit in 2024? Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.
The decision to include $14.7 billion for the social security administration’s administrative budget sets up a fight with the house, which is proposing a nearly half. 5.8 million people were newly awarded social security.