Social Security Increase 2024 Announcement November. Some social security recipients could be in for a unique stretch of checks starting next month and it's all thanks to an interesting quirk in the 2024 and 2025 calendars. More than 71 million americans will see a 3.2% increase to their social security and supplemental security income benefits in 2024, the social security administration.
That adds about $50 monthly to the average retirement benefit consumers will. Social security announces 2.5 percent benefit increase for 2025.