Social Security Increase 2024 Bill Gates. Next year's raise is looking smaller, though, with estimates calling for a 2.5% raise in 2025 based on. Beginning in january 2024, checks reflecting those increases.

The new bill would seek to lessen the strain on people collecting social security by boosting each recipient’s monthly check by $200 — an annual increase of. 71.6 million people received benefits from programs administered by the social security administration (ssa) in 2023.