Social Security Increase 2024 $600 2024 Dollars . This increase is part of the cost of living adjustment. Updated 9:36 am pdt, october 12, 2023.
A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
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