Projected Cost Of Living Adjustment For 2024. In 2023, the social security cola was 8.7%. Published september 13, 2023 3:00pm edt.
The average beneficiary will see a $54 increase in their. While the increase may not be as dramatic as in previous years, it signals a subtle shift in the financial landscape.
That’s A Huge Drop From This Year’s 8.7% Cola, Which Pushed The Average Monthly Check Up By About $146.
In 2023, the social security cola was 8.7%.
Starting In January, The Estimated Average Monthly Retirement Benefit Will Increase By 3.2%, Or $59 A Month, For 2024 — From $1,848 To $1,907.
Based on current estimates as of september.
Published September 13, 2023 3:00Pm Edt.
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We Project The Cost Of Living Adjustment (Cola) For Social Security Benefits Next Year Under Different Scenarios.
While the increase may not be as dramatic as in previous years, it signals a subtle shift in the financial landscape.
Published Wed, May 10 20232:31 Pm Edt Updated Mon, May 29.