2024 Social Security Increase Calculator Over 50. A social security cost of living increase offers retirees options such as managing costs, saving or enjoying small splurges. 10, 2024, the social security administration (ssa) announced that benefits for more than 72.5 million people will.

The current version of the detailed calculator is 2024.2, which we released on july 31, 2024. Some social security benefits could increase by over $2,000 if a new bill passes.