Social Security Cola Increase 2024 Prediction

Social Security Cola Increase 2024 Prediction

Social Security Cola Increase 2024 Prediction. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. There was a 2.9% increase in july, the labor department reported wednesday that the august figure rose at an annual rate of 2.5%, although the inflation index the cola is based on rose 2.4%.


Social Security Cola Increase 2024 Prediction

Ssa calculates the percent change between average prices in the third. Most americans cheer cooling inflation, but social security recipients worry cola for 2024 could end up less than a third of 2023’s 8.7% increase.

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