Social Security Increase 2024 $600 66000.  — that limit is the maximum amount of income that counts toward computing your social security benefit for the year. The $600 increase for social security, ssi, and ssdi beneficiaries is part of the 2024 cost of living adjustment (cola).

But in 2025, it’s likely to rise. The average recipient will receive more than $140 extra a month beginning in january,.