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My Social Security Account

2024 Social Security COLA Projection Shows Increase Despite Decrease in Inflation

August 20, 2023 by ABCRED

As inflation eases, it is increasingly likely that Social Security benefits will not increase as dramatically next year as it did in 2023. Retirees are looking at a cost-of-living adjustment in the 3% range less than half of a COLA increase in 2023, according to forecasts from the Senior Citizens League. The group monitors inflation … Read more

Categories Finance Tags My Social Security Account, Social Security Administration, Social Security Benefits Leave a comment

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