Social Security Max 2024 Increase

Social Security Max 2024 Increase. The highest social security retirement benefit for an individual starting benefits in 2024 is $4,873 per month, according to the social security administration. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating consumer prices.

More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. Fra is 66 years and 6 months for people born in 1957 and 66 and 8 months for those born in 1958;