Social Security 2024 Increase Amount. This adjustment will affect social security retirement, disability, and ssi payments. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to.

The nation’s 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation. Beginning in january, benefits will increase by 3.2%, or roughly.