Cola Increase Projections For 2024 And Beyond

Cola Increase Projections For 2024 And Beyond. Retirees should brace for potential lower increases, anticipate healthcare. Most countries indeed experienced a drop in 2024 salary increase budgets compared to 2023, often exceeding the forecast.

Cola has varied widely over the past 10 years. In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.