2024 Cost Of Living Increase Social Security Benefits. Retirees are looking at an average monthly bump of $48, or an increase of 2.5%, according to projections released on wednesday. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.
This means that more than 71 million americans will. Washington (ap) โ millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this yearโs historic boost and reflecting.
