Cola Increase 2024 Forecast 2024

Cola Increase 2024 Forecast 2024. Social security benefits will increase by 3.2 percent beginning with the december 2023. The cpi increase spiked to 3.4% in december 2023, and then ticked downward all through 2024.


Cola Increase 2024 Forecast 2024

A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. The ssa is expected to announce the 2024 social security cola.

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