Projected Cola Increase For 2024. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024. Organic revenue, which excludes the impact of.
In 2023, it was 8.7%. The senior citizens league has.
That Would Add About $57 To.
While considerably smaller, this year’s cola could have a similar effect if inflation continues to decline in 2024, as many economists predict.
October 12, 2023 9:05 Am.
How much will my cola be?
There’s A Chance The 2024 Cola Could Drop Below 3% If The September Inflation Rate Is Especially Low.
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How Much Is The Increase:
The ssa is expected to announce the 2024 social security cola.
Find More Details About Your 2024 Cola, How.
The most recent estimate for 2024’s cola is somewhere around 3.2%, as projected by the senior citizen’s league, a nonpartisan senior advocacy group.
Increased Payments To Approximately 7.5 Million Ssi Recipients Will Begin On December 29, 2023.