Social Security Cola Increase 2024 Prediction

Social Security Cola Increase 2024 Prediction. The social security administration will use this inflation data. The 2024 cola is 3.2%—a sharp decline from the 8.7% cola administered in 2023.


Social Security Cola Increase 2024 Prediction

Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. Two estimates reflecting the june inflation numbers project a lower social security cola in 2025 than in 2024.

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