2024 Social Security Increash 2024 Meeting. Social security and supplemental security income (ssi) benefits for approximately 70 million americans will increase 3.2% starting in january 2024. Cola boosts benefits by 3.2%, but medicare premiums are also going up.

Beginning in january 2024, checks reflecting those increases. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to.