Social Security Will Increase In 2024. With the average social security check coming in at $1,787 per month, in 2023, the estimated 2024 social security. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.
What will the social security cola raise be for 2024? While it’s not as large as the 2023 adjustment, the 3.2% cola increase for 2024 will put more money in the pockets of seniors and other social security.