Social Security 2024 Cola Projection. Based on april inflation data released this morning by the u.s. The range of estimates is in line with the 3.3% cola projected by the.
The latest cola is 3.2 percent for social security benefits and ssi payments. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.
Based On April Inflation Data Released This Morning By The U.s.
The latest projection for 2025′s social security increase is up slightly from last month’s figure but is likely still bad news for millions of recipients.
How Much Is The Increase:
The latest forecast for next year’s social security increase rose to 3.2% last month.
Social Security 2024 Cola Projection Images References :
We Will Mail Cola Notices Throughout The Month Of December To Retirement, Survivors, And Disability.
According to a new analysis published by alicia munnell, director of the center for retirement research at boston college, retirees should expect a 2024 cola between 3.0% and 3.8%.
This Exercise Suggests A 2024 Cola Between 3.0% And 3.8%.
The senior citizens league updated its expectations for the 2025 cola after may’s inflation reading came in better than expected.