Social Security 2024 Payout. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. This means social security's 67 million beneficiaries entered 2024 taking home an average estimated monthly benefit of $1,767.52, which works out to about $21,210 on an.
The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. But retirees who receive the maximum social security payout will see much higher earnings, with their monthly checks jumping to $4,873 in 2024, according to the agency.
