Cola Increase 2024 Inflation Rate

Cola Increase 2024 Inflation Rate.  — there was a 2.9% increase in july, the labor department reported wednesday that the august figure rose at an annual rate of 2.5%, although the inflation. Inflation is high but slowing down, which means social security recipients will.

 — cola for 2024 is 3.2%. The average social security benefit, as of august 2023, was $1,705.79;