Social Security 2024 Increase Announcement Pdf. 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.  — that's less money coming home in each paycheck, so it's time to start getting ready for this financial hit.

By addressing inflation and reforming how certain benefits are.  — during 2020, the inflation adjustment for social security benefits was 1.6%.