Cola Increase 2024 Forecast Cnn

Cola Increase 2024 Forecast Cnn. It was the steepest annual price increase since february 1982 and worse than economists had forecast. A cola of 3.0% would raise the current average monthly benefit of $1,787.00 by about $53.60, according to the senior citizens league.

A customer shops at a store in brooklyn on august 14, 2024, in new york city. The senior citizens league said wednesday that the social security cost of living adjustment, or cola, will likely be 3.2% for 2024.