Social Security Limit 2024 Increase 2024 . The maximum social security benefit for a worker retiring at full retirement age will increase to $3,822 per month in 2024 from $3,627 in 2023. In 2024, the annual increase to social security benefits (cola) will be 3.2%.
You may owe more in taxes. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024.
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