Social Security Limit 2024 Increase For 2024. The maximum benefit depends on the age you retire. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi).
A 3 percent adjustment would boost the average social security retirement benefit โ $1,839 a month in july 2023 โ by about $55 a month in 2024. So, if you earned more than.