Social Security Benefit Amount 2024 Increase. For social security beneficiaries enrolled in medicare, the 2025 benefit amount will be available via my social security’s message center starting in late november. This is an automatic update and you don’t need to do anything to.
No matter what 2024’s social security cola ends up being, seniors should be aware that a hike in medicare part b premiums has the potential to whittle that raise down. The maximum social security benefit you can receive in 2024 ranges from $2,710 to $4,873 per month, depending on the age you retire.