Cola 2024 Update Tscl

Cola 2024 Update Tscl. But next year's cola is shaping up to be a lot lower. The declining rate of inflation points to a significantly lower cola for next year, after the 8.7% cola in 2023 — the highest in four decades.

Federal ssi payment levels will also increase by 3.2 percent effective for payments made for january 2024. In a tscl survey in july, 71 percent of seniors said persistent high prices as a result of inflation, forcing them to deplete their.