Social Security Increase 2024 Update News Today. Americans are set to receive a social security check worth up to $4,800 today, but not all seniors are happy about the increase in monthly payments. Beginning in january 2024, checks reflecting those increases.
Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries. Their budget sides with the wealthy and special interests to cut social security by over $1.5 trillion, increase the retirement age, raise prescription drug costs,.