Social Security Increase 2024 Bill Date
Social Security Increase 2024 Bill Date. The proposed legislation would increase minimum social security benefits for individuals with low earnings who work more than 10 years. This is an automatic update and you don’t need to.
A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.