Social Security Cola Increase 2024 Prediction Pdf. The latest such increase, 3.2 percent, becomes effective january 2024. Social security cola increase will ‘return to reality’ in 2024 after jump, predictions say.
With two months of data still pending, current estimates suggest a 2.57% cola increase for 2025, which would add about $50 per month to benefits, according to the detroit free press. Looking at the basic cpi rates versus the social security cola rates shows mixed results for the cola compared to the cpi in recent years:
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