Cola 2024 Social Security Increase 2024. How much is the increase: Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social.
Some social security beneficiaries might be disappointed by the amount of their increase. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907.