Skip to contentAt the beginning of 2023, Social Security beneficiaries witnessed a substantial 8.7% increase in their benefits. This cost-of-living adjustment (COLA) was the most significant in several years, driven by the intense inflation experienced in 2022.Now, beneficiaries are keen to discover the COLA for 2024. Their wait will soon be over. The BLS (Bureau of Labor Statistics) will release its September Consumer Price Index (CPI) on October 12. The CPI report includes data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which is a specific segment...…Skip to contentAt the beginning of 2023, Social Security beneficiaries witnessed a substantial 8.7% increase in their benefits. This cost-of-living adjustment (COLA) was the most significant in several years, driven by the intense inflation experienced in 2022.Now, beneficiaries are keen to discover the COLA for 2024. Their wait will soon be over. The BLS (Bureau of Labor Statistics) will release its September Consumer Price Index (CPI) on October 12. The CPI report includes data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which is a specific segment...WW…
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