Social Security COLA Expected to Rise in 2027
Social Security recipients anticipate a higher cost-of-living adjustment in 2027 to offset inflation. The official announcement is scheduled for Wednesday.
Social Security recipients will receive a cost-of-living adjustment of roughly 3.5% early next year, outpacing the previous increase of 2.8%. The adjustment aims to offset inflation across the United States, with the official figure due later this week.
Projections from advocacy groups sit in the mid-3% range following recent inflation data. The Senior Citizens League estimates a 3.5% bump, while the American Association of Retired Persons projects a 3.6% increase.
