2024 Social Security Increase Calculator With Dependents. With two months of data still pending, current estimates suggest a 2.57%. The nation's 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation.
In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. The current version of the detailed calculator is 2024.2, which we released on july 31, 2024.