Social Security 2024 Increase Announcement Taxable. Social security and ssi beneficiaries are normally notified by mail starting in early december. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2.
Aarp chief executive officer jo ann jenkins released the following statement in response to today’s announcement of a 3.2% cola, or an average of $59. The ssa has announced that benefit checks will rise 3.2% in 2024.