2024 Social Security Increase Amount Calculator. With the ssa announcing an 3.2 percent cola, many are wondering how to calculate their new benefit amount. As of 2024, the highest monthly benefit you could get from social security is $4,873.

Most older adults do not qualify for this amount, as it requires you to make an. With the ssa announcing an 3.2 percent cola, many are wondering how to calculate their new benefit amount.