Social Security Increase 2024 Amount Chart 2024. The cola amount is typically announced in october and takes effect the following january. Lawmakers take aim at credit card debt, interest rates, fees.

Delaying benefits until 70 would increase it by roughly 24% (assuming your full retirement age is 67). Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.