Cost Of Living 2024 Social Security Forecast. The latest forecast for next year’s social security cola increase is 3.2%, lower than the 8.7% in 2023 but higher than the average over the past 20 years. Learn how to check your new benefit amount.
The estimates are based on the intermediate assumptions in the 2024 trustees report and. It’s not going to approach 2023’s historically high cola increase of 8.7%, but the 2024 social security cost of living adjustment is expected to be 3.2%, which if it comes to fruition would raise an average.
Cost Of Living 2024 Social Security Forecast Images References :