Unveiling Social Security's COLA Increase: Early Insights and Expectations

Retirees can estimate their Social Security benefits early by using the 3.2% forecast from The Senior Citizens League (TSCL), which predicts an average increase from $1,790 to $1,847.30. Alternatively, they can sign up for a free "my Social Security" account to estimate future benefits and receive COLA adjustment notices sooner. The Social Security Administration typically sends out notices in December, but online account holders may be able to access their specific COLA increase notices in December through the "Message Center" within their account.