2024 Social Security Increase Eligibility Age Limit. Higher benefits are possible for those who work or delay benefit receipt after. In 2024, the social security cola increase was 3.2%.

The maximum social security retirement benefit that can be collected at full retirement age, and the maximum ssdi benefit for 2024, is $3,822 per month, though. Those who retire in 2024 and qualify for the maximum benefit will receive more in their monthly social security than their peers who retired in 2023.