Social Security Cola 2024 Prediction Chart. These estimates are derived from the intermediate assumptions in the 2024 trustees report. — inflation is high but slowing down, which means social security recipients will see a lower cola next year, according to a forecast from the senior citizens league, a nonprofit seniors group.
— there’s a chance the 2024 cola could drop below 3% if the september inflation rate is especially low. If consumer prices in august and september 2024 go up at a pace of 3% annualized (approximately 0.25% in each month), the 2025 social security cola will be 2.7%.
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