Social Security Increase 2024 $600 2024 Increase

Social Security Increase 2024 $600 2024 Increase. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. The average recipient will receive more than $140 extra a month beginning in january,.

More than 65 million social security beneficiaries will get an increase. Social security needs to be able to adjust for inflation in several regards.