2024 Quarter Of Coverage Social Security. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security. For 2024, an employee receives one quarter of coverage for each $1,730 of earnings, up to a maximum of four quarters.
If you don’t earn 40 quarters of coverage, you, unfortunately, won’t qualify for social security retirement benefits. Different agencies use different inflation factors, but social security used 3.2 for increasing the numbers for 2024.
2024 Quarter Of Coverage Social Security Images References :