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Peter M
Peter M
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I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $118.79

The rate at the end of 2023 should be at least $115$118

I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $118.79

The rate at the end of 2023 should be at least $115

I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $118.79

The rate at the end of 2023 should be at least $118

Fixed a math error for 2023 End Rate
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edit approved Dec 24, 2023 at 23:54
user24353
edit approved Dec 24, 2023 at 23:54
user24353

I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $115$118.0079

The rate at the end of 2023 should be at least $115

I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $115.00

The rate at the end of 2023 should be at least $115

I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $118.79

The rate at the end of 2023 should be at least $115

Source Link
Peter M
Peter M
  • 333
  • 1
  • 9

I finally figured this out myself. I went to the US Social Security Cost-Of-Living Adjustments web page, and looked up the Cola values for 2021 through 2023.

Year Amount
2021 5.9%
2022 8.7%
2023 3.2%

Then I applied each value sequentially to calculate the rate at the end of that year.

So starting with $100 at the beginning of 2021:

Year Start Rate Cola End Rate
2021 $100.00 5.9% $105.90
2022 $105.90 8.7% $115.11
2023 $115.11 3.2% $115.00

The rate at the end of 2023 should be at least $115