Social Security Increase 2024 Amount Chart. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security administration. The higher limits mean that you can earn more during the year without losing your benefits.
The monthly maximum federal amounts for 2024 are $943 for an eligible individual, $1,415 for an eligible individual with an eligible spouse, and $472 for an essential person. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.