Social Security Increase 2024 News In. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Seniors and other social security recipients in the u.s.

Indeed, the social security actuaries’ scoring of options shows that very gradually increasing the employee and employer payroll tax rate each by 1 percentage point (from 6.2%. And while that’s not as notable an increase as in 2023, it’s a pretty generous boost by.