August Inflation and Its Impact on the 2024 COLA
The inflation data for August 2023 are now available. What impact will this have on the 2024 COLA for federal retirees?
Stay informed on the latest COLA updates for federal retirees, including annual Cost‑of‑Living Adjustment announcements, calculation methods, and policy changes that affect retirement income under FERS and CSRS. Explore clear explanations of how COLA percentages are determined, historical trends in federal retiree COLAs, and the impact of inflation on long‑term financial security. Find timely analysis, legislative developments, and expert insights to help federal retirees understand how annual COLA changes influence their purchasing power and overall retirement planning.
The inflation data for August 2023 are now available. What impact will this have on the 2024 COLA for federal retirees?
The rate of inflation is decreasing. Are you feeling better yet?
Are FEHB premiums going up faster than inflation? Do annual raises and COLA increases keep up with FEHB premium increases?
The latest inflation figures are out for June. What is the impact on the 2024 COLA?
The 2023 COLA payments that started in January reflected an 8.7% increase. What about the 2024 COLA?
These are four mistakes federal employees sometimes make that can negatively impact their retirement.
The inflation rate is continuing to slowly go down. Here is how the 2024 COLA calculations look after the April inflation report was released.
2024 COLA predictions for federal retirees and Social Security recipients suggest it will be considerably less than the 8.7% rate from last year.
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.
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.