Social Security Limit 2024 Increase Over Time. On average, social security retirement benefits will increase by about $50 per month starting in january. Here's what that means for benefit maximums.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. On average, social security retirement benefits will increase by about $50 per month starting in january.