Projected Cost Of Living Adjustment For 2024. The cost of living adjustment (cola) for retirement benefits may jump 3.2 percent in 2025, after april inflation data came in at 3.4 percent. In 2023, the social security cola was 8.7%.
A chart of the 2024 cola figures can be found here. The average beneficiary will see a $54 increase in their benefit.
The Cost Of Living Adjustment (Cola) For Retirement Benefits May Jump 3.2 Percent In 2025, After April Inflation Data Came In At 3.4 Percent.
That’s a huge drop from this year’s 8.7% cola, which pushed the average monthly check up by about $146.
Published September 13, 2023 3:00Pm Edt.
How the 2024 cola compares.
The Cola For 2022 Was 5.9%.
Images References :
Sun, Oct 29, 2023, 10:30 Am 3 Min Read.
How the 2024 cola compares.
The Rise In The Cost Of Part D Prescription Drug Plans Will Vary From State To State.
The average beneficiary will see a $54 increase in their benefit.
Published Wed, May 10 20232:31 Pm Edt Updated Mon, May 29.