Social Security Increase 2024 $600 2024 Increase. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. No, social security isn't getting a $600 payment increase this month.

Government estimates suggest the average benefit check will increase by approximately $49 in 2024, rising to $1,907, according to the agency. No, social security isn’t getting a $600 payment increase this month.