Social Security Cola 2024 Estimate Increase 2024

Social Security Cola 2024 Estimate Increase 2024. According to a pair of notable forecasts updated this morning based on the latest inflation data through june 2024, as the rate of inflation moderates, it’s looking like. Social security benefits will increase by 3.2 percent beginning with the december 2023.


Social Security Cola 2024 Estimate Increase 2024

That’s because inflation skyrocketed in 2022 but has started. The estimated 2024 cola is significantly lower than the 8.7% increase that beneficiaries saw in 2023.

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