2024 SS COLA

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.

4 comments

  1. 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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