Social Security Increase 2024 Announcement

Social Security Increase 2024 Announcement. Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday. In 2025, the social security cola may be 2.6%, according to mary johnson, an independent social security and medicare policy analyst.

Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.