2024

Cola Increase 2024 Forecast

Cola Increase 2024 Forecast. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. A cola of 3.2% would raise the average monthly retiree benefit by about $59.


Cola Increase 2024 Forecast

The senior citizens league increased its cola forecast for 2024 after inflation accelerated in august. Retirees likely could be looking at a cost of living adjustment.

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