Social Security benefits to increase in 2027

In 2027, approximately 76 million Americans receiving Social Security and Supplemental Security Income benefits will see a 3.6% increase in their monthly payments, announced by the Social Security Administration after the September Consumer Price Index data. The adjustment, based on inflation trends, takes effect in January for most recipients and reflects a rise driven by increased energy prices. This marks the second consecutive year of a higher COLA, following a 2.8% increase in 2026.

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