Social Security Payments 2024 Increased. Increased ssi payments will begin with the december. Social security payments will surge by 64.8% in 2024, offering a major boost for retirees and disabled recipients.

With the increases for 2024, the average benefit overall would rise to $1,760.37, while the average retired worker would receive $1,899.16. People who currently have reductions in their social security benefits under the exceptions would soon see a boost in their monthly payments.