October 8, 2024

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Forecasted Social Security Cola 2024

Forecasted Social Security Cola 2024. Despite easing inflation, next year's social security cost of living adjustment (cola) inched up to 3% from 2.7% last month. Beginning in january 2024, checks reflecting those increases.


Forecasted Social Security Cola 2024

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. These estimates are derived from the intermediate assumptions in the 2024 trustees report.

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