2024 Inflation Rate For Social Security

2024 Inflation Rate For Social Security. On average, social security retirement benefits will increase by more than $50 per month starting in january. Beginning in january 2024, checks reflecting those increases were sent to the.

Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.