Retirees’ Social Security cost-of-living adjustment will officially be less than half of last year's, even though many seniors still haven’t recovered from…

Retirees’ Social Security cost-of-living adjustment will officially be less than half of last year's, even though many seniors still haven’t recovered from…

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Retirees and other beneficiaries will receive a 3.2% cost-of-living-adjustment for their 2024 Social Security payments, less than half of this year’s increase as inflation has cooled. This comes after beneficiaries received the largest COLA increase in 40 years this year, with payments increasing…

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