Cooling inflation points to 3% Social Security COLA for 2024
While prices for some essentials continue to increase, it's likely that the cost-of-living adjustment will be much lower than 2023's.
Social Security benefits are on track to increase by 3% in 2024, a response to cooling inflation that will dial back the annual cost-of-living adjustment from the much higher 8.7% implemented this year.
Figures for the consumer price index for urban wage earners and clerical workers, the CPI-W, p
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