Social Security Increase 2024 Cola

Social Security Increase 2024 Cola. On average, social security retirement benefits will increase by more than $50 per month starting in. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.

More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the. The social security cola for 2023 was 8.7%.