Social Security Cola 2024 Prediction Chart
Social Security Cola 2024 Prediction Chart. There’s a chance the 2024 cola could drop below 3% if the september inflation rate is especially low. While social security payouts get larger each year thanks to the cola, a recent survey by tscl found 55% of retirees have more than $2,000 in monthly.
The estimated 2025 cola for social security recipients dipped with july inflation, but seniors continue to struggle with daily expenses. July and august inflation reports suggest next year’s boost likely to be around 3%,.