Ted Lexine 2024 Cola Increase 2024 Inflation

Cola Increase 2024 Inflation

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Cola Increase 2024 Inflation. The june 2024 consumer price index report shows a decrease in average prices. A 3 percent adjustment would boost the average social security retirement benefit — $1,839 a month in july 2023 — by about $55 a month in 2024.


Cola Increase 2024 Inflation

A cola changes benefits based on changes in consumer prices. The average monthly retirement benefit will increase from $1,848 to $1,907, and the average benefit.

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