Social Security Increase 2024 Update News Today. The new bill would seek to lessen the strain on people collecting social security by boosting each recipient's monthly check by $200 — an annual increase of. 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.
According to the associated press, the cola is likely to come in at 2.5%, down from the 3.2% increase for 2024 and significantly less than the 8.7% increase in 2023. Helpful ssi changes reducing customer burden take effect.
