You may be reading that the 2024 SS COLA will be 3%. That is the estimate the Senior Citizen League is putting out in the press based on the overall rate of inflation.
However, 3% will only be achieved if the CPI-W for August and September is above the CPI-W for July.
If they are the same, the COLA will be 2.7% . If they are lower in August and September the 2024 COLA will be less than 2.7% – the current figure.


If the Humble Dollar ever has a gathering (last I heard – no sooner than 2024) I am going out of my way to meet you! I thoroughly enjoy reading your writings (and you said nice things about the one item I submitted and Jonathon published ) and you seem to be brimming with common sense. Please keep up with the timely topics.
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I truly appreciate your comment. Thank you.
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I’m going to the Gucci store today: need a bigger wallet!
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That 2.7% not 7.2%🤑
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