September 17, 2024

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Cola Increase 2024 Inflation

Cola Increase 2024 Inflation. Because inflation has been cooling pretty steadily this year, there's a good chance that 2025's social security cola won't be as high as 2024's 3.2% raise. Social security benefits will increase by 3.2% in 2024, the social security administration announced thursday morning.


Cola Increase 2024 Inflation

The 2025 cola will be announced in october 2024. Washington (ap) โ€” millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this yearโ€™s historic boost and reflecting moderating consumer prices.

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