2024 Social Security Increase 2024 Chart. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are payable in january 2025. The social security administration cannot finalize the 2024 cola without september inflation data, which is.

Social security recipients and others on fixed incomes will soon see a slight increase in their monthly benefit checks from the u.s. That equates to an average monthly rise of about $55 for all.