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The 2027 Social Security cost of living adjustment (COLA) is expected to be about 3.5 percent, with the official announcement scheduled for October 14, 2026, after inflation data is released. If confirmed, this increase could add around $73 per month to the average benefit, based on current estimates. The final figure will depend on inflation figures for July, August, and September, and the increase will be reflected automatically in payments starting January 2027.
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