Social Security Increase 2024 Estimated Payments. The table below provides estimated average benefits for certain beneficiary types , at the end of. The social security administration is expected to announce the 2024 social security cost of living adjustment in october.
The 2024 retirement benefits will increase by more than $50 per month, the social security administration said. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025.