2024 Social Security Increase Percentage. 5.8 million people were newly awarded social security. 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 benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.