2024 Social Security Increase Projection. The nation's 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation. The maximum amount of earnings subject to social security payroll taxes was $168,600 for 2024, up from $160,200 in 2023.
A 3 percent adjustment would boost the average social security retirement benefit โ $1,839 a month in july 2023 โ by about $55 a month in 2024. It then generally declines to 6.1 percent by.
2024 Social Security Increase Projection Images References :
