Social Security Increase 2024 News Article. Social security is giving retirees a raise in 2024. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.

Starting in january, the average monthly check will increase by $59 More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.