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Headline: Social Security COLA Will Be 3.2% in 2024

Caption: The Social Security Administration (SSA) made the announcement on Oct. 12, CNN reports. The cost-of-living adjustment (COLA) for next year will be 3.2%. That percentage is significantly lower than the 8.7% increase for 2023 and the 5.9% increase for 2022.

Keywords: Social Security,COLA,SSA,Social Security Administration,Cost-of-Living Adjustment,USA,US,United States,Increase,Percentage,Economy,Senior Citizens League,Study,Consumer Price Index,CPI,Inflation,Economics

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