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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. John says:
    January 5, 2025 at 5:48 pm

    Given the impendiding SS crisis, why are monthly pensions for ex wives are still active even who have remarried 1 or 2 more times, still in place?

    Reply
  2. Gena says:
    December 1, 2024 at 1:21 am

    VERIFY: Did Joe Biden vote to tax social security benefits twice during his Senate career?
    The Verify Team was sent an email, in which a viewer claimed that Joe Biden voted to tax social security benefits two times in his career. This is true.

    Reply
  3. Reginald Pniewski says:
    October 19, 2024 at 8:38 pm

    How about over $2,348. What do I get????????

    Reply
  4. Rhonda says:
    October 19, 2024 at 12:49 am

    I’m sorry but this article is old news. I want to know what is going to happen in 2025.

    Reply
  5. Wayne says:
    October 16, 2024 at 7:40 pm

    If you are worried about your SS BENEFITS BEING TAXED BY STATE AND LOCAL GOVERNMENTS YOU BETTER VOTE FOR TRUMP. He has mentioned many times that he will end taxation of those benefits in office AND LOWER THE INFLATION RATES. If you don’t understand what oil prices have to do with inflation, let me give you a hint.
    Oil as you know makes gas and diesel fuel that powers delivery of everything in everyday life. BUT, do you know it is also used in farming as fertilizer for food production, plastics for food packaging, manufacturing of just about anything in todays needs, including syringes for your meds and some clothing.
    In this country we have more oil and shale oil than anywhere in the world yet these idiots in government cater to the far left and want to keep oil production down.

    They drained the strategic oil reserves which is for National defense just to lower oil prices for a couple days so it looks like they are doing something. My costs of my products I sell have gone up 115%. I had to raise up my sales prices 120%. VOTE FOR TRUMP OTHERWISE THE LITTLE MONEY YOUR COMPLAINING ABOUT NOW WILL BE 10 times worst under K Harris the liar in chief. I live in California and she has destroyed this state and San Francisco with her ignorant policies. Most Californians will agree except those that would vote for her because she is Black or a woman. Do you really want those characteristics to be your deciding vote or do you want our borders closed, low inflation and a strong military and police dept. The choice is yours. Vote early don’t let anyone else fill out your ballot.

    Reply
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