2024 Social Security Increase 2024 Ford. The acting social security commissioner says a 3.2% increase in benefits next year “will help millions of people keep up with expenses. the increase announced thursday. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.
The updated amounts will take effect in december, with recipients seeing the. In 2024, the annual increase to social security benefits (cola) will be 3.2%.