Social Security Increase 2024 Amount
Social Security Increase 2024 Amount. We've got two more months of inflation data to go. Here's how you can calculate your increase.
In 2024, you get one credit for earnings of $1,730, $90 more than the 2023 level. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.