Social Security Administration News 2024

Social Security Administration News 2024. In 2023, a historic rise of 8.7 percent was granted to retirees and other benefit claimants because of runaway inflation. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.

The change involves a practice used. In 2024, social security benefits increased by 3.2 percent.