2024 Social Security Increase Amount 2024. On average, social security retirement benefits will increase by more. If you will reach fra in 2024, social security withholds $1 in benefits for every $3 in earnings above $59,520 (up from $56,520 in 2023) until the month when you.
For all recipients โ including spouses, children and disabled workers โ. In 2024, the annual increase to social security benefits (cola) will be 3.2%.