Social Security 2024 Increase Amount. The social security increase august 2024 has been in news where the citizens are expecting their benefits to rise from what they have been actually. For 2024, the limit for substantial gainful activity (sga) is increasing to $1,550 per month (up from $1,470 in 2023).
Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Beginning in january 2024, checks reflecting those increases.