Evita Janette

Estimated Cola Increase For 2024. “the august uptick in inflation was a bit higher than previously anticipated, and september’s inflation numbers will likely come in at similar levels, pushing the cola slightly north of 3. Discover how social security cost of living adjustments (cola) impact retirees' benefits, the latest 2025 cola prediction, and strategies to manage inflation on a fixed income.

2024’s increase would be less than half of 2023’s 8.7% jump, which was a more than four. Social security cola rates are expected to rise even more in 2024 after the latest august cpi data was released.