2024 Social Security Increase Dates Increase. Washington (ap) — 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 consumer prices. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.

The nation’s 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation. Social security benefits and ssi payments will increase in 2025, helping tens of millions of people keep up with expenses even as inflation has started to cool, martin.