Social Security Max 2024 Benefits Increase. If you retire at your full retirement age (fra) this year, your. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.


Social Security Max 2024 Benefits Increase

The social security tax limit was increased by 5.2% in 2024, sending the limit from $160,200 in 2023 to $168,600 in 2024. Fifty years later, the program’s benefits may be at a turning point.

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