Social Security Increase 2024 Effective Date Calculator. A significantly smaller increase to social security benefits in 2024 versus the past two years is reflective of significantly lower inflation. It updates the 2024.1 version by updating the projected benefit increases and average wage.

Here’s how to make the most of those changes for 2024. 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.