Social Security Increase 2024 $200 20200 . In january 2024, payments rose by 3.2% over 2023,. That's far less than this year’s historic boost and reflects moderating.
A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. Retirees aren’t the only ones receiving.
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