2024 Social Security Increase Prediction. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are. But if inflation ticks down and results in a cola under 3%, there’s a risk that the 2024 monthly deduction for part b may exceed the increase for some social security.
The social security administration cannot finalize the 2024 cola without september inflation data, which is. Social security benefits could increase 3.2% in 2024.