Ss 2024 Increase. Federal ssi payment levels will also increase by 2.5. Here are five important ways social security will be different in 2024.
The social security administration announced thursday the 2025 cola will be 2.5%, down from 2024’s 3.2% increase. The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600 in 2024 (an.