Social Security Increase 2024 Announcement Time. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning. More than 71 million americans receiving social security benefits will see their checks rise by 3.2 percent next year to help them keep pace with inflation, the social security.

Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this. Specifically, seniors and others who are collecting social security will get a 2.5% benefits increase.