Cost Of Living 2024 Social Security Increase

Cost Of Living 2024 Social Security Increase. In 2023, it was 8.7%. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are.

For all recipients — including spouses, children and disabled workers — the average. More than 66 million retirees receiving social security checks will see their monthly government payments rise 3.2%, thanks to the social security administration’s cost.