2024 Social Security Increase News Today. For those born in 1959, it’s 66 years and 10 months. Currently, workers pay the social security tax on their first $147,000 of earnings.


2024 Social Security Increase News Today

More than 71 million americans will see a 3.2% increase in their social security checks in 2024. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907.

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2024 Social Security Increase News Today