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(NEXSTAR) – The next cost-of-living increase for Social Security recipients is projected to be slightly better than previously estimated, but still the lowest in years, the Senior Citizen’s League predicts.
The Senior Citizen’s League (TSCL), a nonpartisan senior advocacy group, had estimated in mid-June that 2024’s COLA increase could be somewhere around 2.7% — a huge drop-off from 2023’s 8.7% increase.