Cola 2024 Prediction Algorithm

Cola 2024 Prediction Algorithm. This is the same as last month’s prediction. According to a new analysis published by alicia munnell, director of the center for retirement research at boston college, retirees should expect a 2024 cola between 3.0% and 3.8%.

The good news is, a much lower cola in 2024 could lead to lower taxes for some social security recipients. There’s a chance the 2024 cola could drop below 3% if the september inflation rate is especially low.