Social Security Earnings Limit 2024 Increase. In 2024, the annual increase to social security benefits (cola) will be 3.2%. Social security and supplemental security income, or ssi, will increase by 3.2% in 2024, the social security administration announced thursday.

There is a special rule that applies to earnings for 1 year, usually the first year of retirement. Blind disability recipients have a 2024 sga.