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2024 COLA estimate increases despite slowing inflation
The Senior Citizens League increased its estimate for the 2024 cost of living adjustment to 3%.
Estimate for 2024 Social Security COLA drops with inflation
The Senior Citizens League estimates that the cost-of-living adjustment to Social Security benefits could drop to 2.7% for 2024, down from the 2023 COLA of 8.7%.
Last chance to switch Medicare drug plans and save
Most beneficiaries who stay in their current plans will pay more in 2023, and Medicare open enrollment, which lets beneficiaries change plans, ends next week.
Social Security announces 8.7% COLA for 2023
Next year's cost-of-living adjustment will be the largest increase in retirement benefits and taxable wages in 42 years.
Social Security COLA could top 10% in 2023
Current inflationary trends point to the biggest benefit increase in 41 years, with June CPI showing a 9.1% jump over the last 12 months.
2023 Social Security COLA could be biggest in 40 years
The April report on consumer prices suggests inflation could result in an 8.6% cost-of-living adjustment to next year’s benefits.
Soaring inflation likely to boost 2022 Social Security COLA
A senior advocacy group predicts benefits will rise 4.7% next year, based on the 0.8% increase in the April consumer price index.
