Social Security 2024 Increase Amount Calculator

Social Security 2024 Increase Amount Calculator. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. While the laws surrounding social security could always change in the future, the ssa currently bases your benefits on a few things:

The amounts required for updating the 2022 versions of the social security benefit calculator are as follows: If you were born in 1960 or later, it’s 67.