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6 Social Security Changes Coming Next Year

November 21, 2023 · Personal Finance
Social Security changes coming in 2024
Photo by robertindiana from Shutterstock

5. SSI Payment Standards also increase

If you are one of the people who receive Supplemental Security Income (SSI) benefits and also their Social Security, this year has some great news for you: the SSI Federal Payment Standard will also increase.

In 2023, it used to be $914, and now, it will be $943. This is perfect considering where those receiving this benefit have to go every day.

For couples where both spouses receive Supplemental Security Income, the benefits will also increase; from $1,371 a month, they will get $1,415. For couples relying on SSI benefits, this is a big change, and this increase in their monthly support will surely help anyone receiving it.

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191 comments on “6 Social Security Changes Coming Next Year”

  1. Brenda julian says:
    December 4, 2023 at 10:16 pm

    I collect SSI benefits being a widow. My question is some months I get my check on first Friday of the month and others it is the second Friday. I rely on this check to pay my rent and need it to be consistently n first Friday. Can anyone explain why the payment dates change each month

    Reply
  2. Gregory E Langford says:
    December 5, 2023 at 7:53 pm

    Will there be changes for people receiving SSDI?

    Reply
  3. Claire says:
    December 6, 2023 at 4:42 pm

    Once again, those awful laws, GPO and WPC, are not changed. Both affect me. I cannot access my late husband’s SS benefits (which were much better than mine) and — another punch in the gut — my own meager SS benefits are reduced because I have a decent Government pension. My own SS benefit does not even pay for my Medicare, which I have to pay double for.
    Eliminating those two laws, which mostly affect widows who have worked for the government, would correct an injustice.

    Reply
  4. RC says:
    December 7, 2023 at 2:12 am

    I’m a WW2 veteran now 98 years old. I’m now disabled and need help. I own my home but it needs a lot of attention. I’m finding absolutely no help in finding that help. Are those of s=us from World Two just forgotten now?

    Reply
  5. K. Tate says:
    December 7, 2023 at 7:29 pm

    Has there been any Congressional discussion to remove the Federal & state governments from taxing Social Security since this money was taxed when it was earned by each individual that is receiving a SS check. It appears as double taxation to me & completely unfair .
    Thank you

    Reply
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