2024 COLA Trend: Inflation at 4% and Next COLA Projection Going Down
The 2023 COLA payments that started in January reflected an 8.7% increase. What about the 2024 COLA?
COLA
Articles in this section cover the annual cost of living adjustment (COLA) for retired federal employees. Our authors illuminate the intricacies of the COLA and its significant impact on the financial well-being of federal retirees. Discover insights into the factors influencing COLA calculations, the historical trends in adjustments, and how these annual changes directly affect the purchasing power of retired federal workers. Stay informed about the latest updates, legislative changes, and expert analyses about the COLA, ensuring retirees are equipped with the knowledge necessary to navigate their finances effectively. Explore our articles to gain a comprehensive understanding of the annual adjustments that play a pivotal role in shaping the financial landscape for retired federal employees.
Avoid These Final Four Mistakes When Planning Your Federal Retirement
Categories Federal Employee Retirement 
These are four mistakes federal employees sometimes make that can negatively impact their retirement.
April Inflation 4.9%: Impact on 2024 COLA
The inflation rate is continuing to slowly go down. Here is how the 2024 COLA calculations look after the April inflation report was released.
Inflation Still High: Impact on 2024 COLA Predictions
2024 COLA predictions for federal retirees and Social Security recipients suggest it will be considerably less than the 8.7% rate from last year.
Government Stimulus, Inflation, Failing Banks, and the Annual COLA
In the midst of financial turmoil, the February inflation rate has been released. Inflation is still a problem but the impact of the turmoil remains to be seen.
How 2023 COLA Payments Work
Was the 2023 COLA applied to your annuity less than you expected? Here is how the COLA system works and variations that may impact federal retirees.
Lawmakers Want to Increase COLAs for Some Retired Federal Employees
Legislation has been introduced to potentially increase the COLAs for some federal retirees in some years.
2023 Inflation: Still High, But Going Down— 2024 COLA Will Not Match 2023
The 2023 inflation rate will impact next year’s COLA and TSP balances. Here is the latest information on 2023 inflation and the 2024 COLA.
Why Do I Not Get a COLA Until Age 62?
Why is there no cost of living adjustment (COLA) until age 62?
2024 Federal Pay Raise: How About 8.7%?
Legislation has been introduced to set the 2024 federal pay raise for federal employees at 8.7%.
