Social Security Increase 2024 Update En. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. Social security benefits will increase in 2024.
Certain rules that reduce pensioners’ social security benefits have been in place for decades. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase 2.5 percent in 2025, the social security administration.
