Current Cola Projections For 2024

Current Cola Projections For 2024. This is the same as last month's prediction. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025.

The social security cola for 2024 is projected to be 3% — and likely less — says mary johnson, a social security policy analyst at the senior citizens league. The 2025 cola is lower than 2024’s 3.2%, and much lower than 2023’s 8.70%.