Cola 2024 Prediction Analysis. A 0% cola for 2024 remains possible, even after inflation ticked up in april, mary johnson of the senior citizens league says. The consensus among 14 wall street analysts covering ( nyse :

The cola 2024 prediction, specifically, has financial professionals on their toes due to its potential impact on retirement planning strategies. A cola of 3% — much less than this year’s 8.7% increase — would raise the average monthly social security benefit from $1,789 to $1,842.70.