2024 Social Security Increase Percentage Of Income. You file a federal tax return as an individual and your combined income is between $25,000 and $34,000. Social security benefits increased by 3.2% in 2024.

A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024. 55% of adult social security beneficiaries in 2023 were women.