Ready to play
Ready to play
Retirees will learn the official Social Security cost-of-living adjustment (COLA) for 2027 on October 14, based on inflation data from July to September. Current forecasts estimate a 3.4% to 3.6% increase, which would raise monthly benefits by approximately $69.75 for the average recipient. The adjustment depends on CPI-W data, with economic factors such as inflation, job growth, and energy costs influencing the final figure. The announcement will also include updates on earnings limits and other program rules.
Notice: This Is an AI-Generated Summary
Comments (0)