Anita Breanne

Social Security Increase For 2024 Estimated. The social security adjustments from both years reflected this circumstance, and 2021 and 2022 saw. A 2.5 percent increase would raise the average social security payment for retired workers from $1,920.48 (as of august 2024) to $1,968.49 in 2025, an increase of $48.01.

Here are five important ways social security will be different in 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.