Social Security Max 2024 Contribution Increase. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. With the increase, the average benefit check will increase $49, rising to $1,907 from this year's $1,858, the agency said.

2024 max social security tax. (last year, the tax limit was $160,200.