Estimated Cost Of Living Increase For 2024
Estimated Cost Of Living Increase For 2024. A chart of the 2024 cola figures can be found here. 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.
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. The latest social security cola estimate for 2025 rose to 2.63%, according to the senior citizens league.
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