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Beginning in 2024, the COLA will be 3.2% — much lower than those approved in 2023 and 2022, but still higher than the average over the past decade. See: 7 Bills You Never Have To Pay When You Retire
The higher CPI-W reading in August caused The Senior Citizens League (TSCL), a non-partisan seniors advocacy group, to raise its 2024 COLA estimate to 3.2% from earlier projections of 3.0%.
Next year's Social Security benefits increase will be close to the average increase over the last decade.
Based on the June BLS data, the 2024 Social Security COLA will be 3%, according to estimates from The Senior Citizens League, a non-partisan seniors advocacy group. That estimate is up from the ...
CalPERS manages the largest public pension fund in the United States, with more than $469 billion in assets under management as of June 30, 2021. [7] CalPERS is known for its shareholder activism; stocks placed on its "Focus List" may perform better than other stocks, which has given rise to the term "CalPERS effect". [8]
The 3.2% cost-of-living adjustment (COLA) that Social Security recipients will get in 2024 sounds small compared with this year’s 8.7% COLA, but it’s still one of the highest this century.In ...
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This is known as a cost of living adjustment, or COLA, and is assessed annually. The SSA recently announced a 3.2 percent COLA for 2024 , increasing benefits for more than 66 million Social ...