Social Security Payments 2024 Increase 2024. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. Beneficiaries born from the 1st and 10th of the month will receive payments on the second wednesday of the month.

Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.