Ssi Cost Of Living 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Ssi beneficiaries who also receive social security benefits generally receive their social security payments on the third of the month.
The table below shows the monthly maximum federal ssi payment amounts for an eligible individual, and for an eligible individual with an eligible spouse, beginning with the. The latest such increase, 3.2 percent , becomes effective january 2024.