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Social Security beneficiaries are projected to receive a 3.8% cost of living adjustment (COLA) in 2027, up from 2.8% in 2026, based on inflation data. However, a $200 monthly increase remains a proposal and is not guaranteed; such a figure would require a higher monthly benefit and is linked to separate legislation. The final COLA will be announced after inflation data is reviewed, and most recipients are expected to see increases in the tens of dollars rather than a flat $200.
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