Cola 2024 Latest

Cola 2024 Latest. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. The prospective cola for next year would.


Cola 2024 Latest

Given the recent high cola of 8.7% in 2023 and the anticipated lower increase in 2024, individuals nearing retirement should weigh the benefits of claiming now versus waiting. That’s because colas are based on third quarter inflation data, so we’ll need to wait until.

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