Social Security Payments 2024 Increased Synonym. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting moderating consumer prices. Projections show the social security fund will run out of money in 2038 and, if no.

Now that the house of representatives approved the social security fairness act, millions could be able to get higher social security benefits. The bill eliminates two provisions set up decades ago to shore up social security’s solvency.