What Is The Social Security Increase For 2024. The 2024 increase is much smaller than last year’s 8.7%,the largest since 1981. The largest caucus of house republicans called for an increase in the social security retirement age wednesday, setting up a clash with president joe biden over.
What is social security’s cola? Millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating.