What Will Be The 2024 Cola. The social security cola for 2023 was 8.7%. That was the highest annual increase since 1981.
She said the cola adjustment would be about. A cola of 3.5% would raise the average social security retirement benefit by $62.73 a month, based on the latest social security administration data.
The Range Of Estimates Is In Line With The 3.3% Cola Projected By The.
For now, i'm going with 3.4%.
Now That Inflation Has Mostly Cooled Off, The Cola For 2024 Is 3.2%.
The ssa is expected to announce the 2024 social security cola.
Johnson Of The Senior Citizens League.
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A Cola Of 3.5% Would Raise The Average Social Security Retirement Benefit By $62.73 A Month, Based On The Latest Social Security Administration Data.
The adjustment is far lower than the 8.7% benefit boost for 2023.
That Would Add About $57 To.
That’s a huge drop from this year’s 8.7% cola , which pushed the average.
Social Security Beneficiaries Will See A 3.2% Boost To Their Benefits In 2024, The Social Security.