Ssi Payment Amount 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. This is a 3.2% increase from the 2023 amount due to the higher level of inflation.

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Ssi benefits increased in 2024 because there was an increase in the consumer price index from the third quarter of 2022 to the third quarter of 2023.