Cola Forecast For 2024. It’s not going to approach 2023’s historically high cola increase of 8.7%, but the 2024 social security cost of living adjustment is expected to be 3.2%, which if it comes to fruition would. Our forecast for ko stock price in 2024 now indicates an average price target of $63.95 with a high forecast of $69.97 and a low forecast of $57.93.
Since the federal reserve appears to have made progress on the inflation front this year, projections. Based on the latest inflation numbers, the senior citizens league now predicts the 2024 cola for social security benefits could be 3.1%.
That’s A Huge Drop From This Year’s 8.7% Cola, Which Pushed The Average Monthly Check Up By About $146.
As shown above, a 3% cola in 2024 means the average retired worker would receive an extra $55.12 in monthly benefits, while spouses would get an additional $26.79, survivors would get.
But 2024'S Cola Is Shaping Up.
Based on the latest inflation numbers, the senior citizens league now predicts the 2024 cola for social security benefits could be 3.1%.
Cola Forecast For 2024 Images References :
The Current Estimate For The 2025 Cola Is 2.7%, According To Mary Johnson, An Independent Social Security And Medicare Analyst Formerly With The Senior Citizens League, A Nonpartisan.
This is the same as last month's prediction.
As Shown Above, A 3% Cola In 2024 Means The Average Retired Worker Would Receive An Extra $55.12 In Monthly Benefits, While Spouses Would Get An Additional $26.79, Survivors Would Get.