Social Security and Supplemental Security Income (SSI) benefits for more than 71 million Americans will increase 3.2 percent in 2024. SSA anticipates that, on average, beneficiaries will see an increase of more than $50 per month. This change will become effective in January 2024 (or December 29, 2023 for SSI recipients). Claimants can expect to receive notice of their new benefit amount in early December 2023.

The non-blind Substantial Gainful Activity (SGA) threshold will increase to $1,550/month for 2024, and the amount of monthly earnings that trigger a Trial Work Period (TWP) will increase to $1,110/month for 2024.

Also in 2024, the maximum monthly SSI benefit will increase to $943 for an individual and $1,415 for an eligible couple.

SSA anticipates that the 2024 average monthly Social Security benefit for all disabled workers will be $1,537.

You can read the full press release here.

For more detailed information, please view SSA’s 2024 Social Security Changes Fact Sheet.