What Is The Social Security Increase For 2024 For Over 65

What Is The Social Security Increase For 2024 For Over 65. How much your receive depends on several factors, including the age when you retire. The 3.2 percent adjustment will amount to a $59 increase in monthly benefits for the average retired worker on social.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.