The SocialSecurityCOLA for 2024 is 3.2% ... Slatter said. As the table below shows, SocialSecurity recipients have gone more than a year without an increase in their benefit amount.
Your SocialSecurity ... bases its COLA calculations on your benefits on what’s known as the primary insurance amount (PIA). That’s the amount of your benefit based on your work history.
But once those trust funds run dry, benefit cuts will be on the table. How does that tie into next year's SocialSecurityCOLA? The smaller that raise is, the less SocialSecurity has to ...
It's "SocialSecurityCOLA-speculation" season ... adjustment for federal income tax provisions to the chained CPI. Table 1 shows how each of these measures of consumer prices have changed ...