Cost Of Living 2024 Social Security Increase Rate. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ€” from $1,848 to $1,907. The aarp estimated that increase at $59 per month.


Cost Of Living 2024 Social Security Increase Rate

In january 2024, payments rose by 3.2% over 2023, according to the social security. The new amounts, the result of the agency’s annual.

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