The webpage explores the annual cost-of-living adjustment (COLA) that applies to Social Security benefits after initial eligibility. It provides a summary list of options and estimates the financial effect on the OASDI program over the long-range period and for the 75th year. All estimates are based on the assumptions described in the 2024 Trustees Report.
Visitors can choose between summary or detailed estimates for various provisions related to Social Security benefits. The webpage includes graphs, detailed single-year tables, and a printer-friendly PDF version of the information.
Stay informed about the financial effects of COLA adjustments on Social Security benefits and make informed decisions about your retirement planning.
Attribution:
This article was summarized and republished from the original source.
Please check the original article here: https://www.ssa.gov/oact/solvency/provisions/cola.html.