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Social Security COLA

Social Security 2024 COLA Increase Expected at 3.2% for Next Year

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The potential Social Security 2024 COLA increase benefits through a cost-of-living adjustment (COLA) of 3.2% for the coming year and the significance of this adjustment for retirees. Social Security 2024 COLA Increase Potential at 3.2% Raise Brings Hope to Retirees Detroit Free Press – Recent inflation data is raising hopes for a 3.2% cost-of-living adjustment … Read more

Smart Financial Moves: Future-Proofing Your Retirement, Rising Above the COLA Crunch

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In 2023, retired baby boomers saw a significant 8.7% increase in their Social Security cost-of-living adjustment (COLA), thanks to their smart financial moves. Navigating through these challenges necessitates smart financial moves, as certain basic necessities such as food, housing, and fuel have encountered notable inflation rates, thereby putting pressure on budgets. According to an article … Read more