Projected 2024 Cola Increase. Even large colas commonly do a poor job of helping retirees maintain their. Most americans cheer cooling inflation, but social security recipients worry cola for 2024 could end up less than a third of 2023's 8.7% increase.
Most americans cheer cooling inflation, but social security recipients worry cola for 2024 could end up less than a third of 2023’s 8.7% increase. The social security administration announced an 3.2% cola increase for 2024.