Social Security Increase 2024 Projection

Social Security Increase 2024 Projection. Experts expect the 2025 increase. These estimates are derived from the intermediate assumptions in the 2024 trustees report.

Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024. Social security beneficiaries can thank the soaring 2022 inflation rate for their bigger payments this year.