Social Security Increase 2024 News Pdf. To qualify for social security in retirement, you need to accumulate a total of 40 lifetime work credits at a maximum of four per year. Earning work credits got harder.

It was followed by a 1.3% hike to payments in 2021. To qualify for social security in retirement, you need to accumulate a total of 40 lifetime work credits at a maximum of four per year.