Social Security Limit 2024 Increase 2024. In june 2024, the average monthly social security benefit for retired workers was $1,918. The nation's 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation.

The nation’s 72 million social security beneficiaries will get a raise starting in 2024 to keep their benefits aligned with inflation. But beyond that point, you’ll have $1 in benefits withheld per $2 of.