Social Security Increase 2024 Projections Pdf. The increase amount for 2024 is far lower than. The average benefit amount among retired workers is around $1,919 per month, according to july 2024 data from the social security administration.

The roughly 70 million americans who receive social security will see another significant increase to their benefits next year: As republicans propose to raise the social security retirement age, here’s how benefits may change.