Social Security Increase 2024 Amount Chart

Social Security Increase 2024 Amount Chart. That will raise the estimated average retirement benefit by $59 a month, from $1,848 to $1,907, starting in january, according to the social security administration (ssa). How much is the increase:

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. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.