Cpi-W 2024 Cola. With four of the past 15 years resulting in either no cola or a historically low 0.3% cola, a 3.2% increase to social security checks in 2024 will look good on paper. 12, was 302.257, 3.5% above the fy 2023 baseline of 291.901.
The closer we get to the third quarter, the more accurate the cola 2024 projections will. The 2024 cola is 3.2%.
For Now, I'm Going With 3.4%.
With four of the past 15 years resulting in either no cola or a historically low 0.3% cola, a 3.2% increase to social security checks in 2024 will look good on paper.
Department Of Labor's Latest Inflation Data.
This is in line with my previous.
Automatic Yearly Colas Began In 1975.
Images References :
Senate Bill Would Increase Cola For Many Federal Retirees.
2023 cola highest in 40 years:
The Change Was Enacted By Legislation That Ties Colas To The Annual Increase In The Consumer Price.
Prices in the san francisco area, as measured by the consumer price index for all.