Social Security Administration announces 3.6% cost-of-living adjustment for 2027

Social Security is running out of money. Benefits are rising 3.6% next year anyway.

Congress has yet to address a looming funding shortfall that could leave the retirement program unable to pay 22 percent of scheduled benefits by 2032.

As Inflation Climbs, Social Security Payments Get a Boost

Rising prices at the gas pump and for everyday essentials continued to put pressure on household budgets in September, as inflation rose 3.7% from a year earlier. The higher costs are being felt by many retirees and other Americans living on fixed incomes who closely watch changes in their monthly expenses. In response, the Social Security Administration announced a 3.6% cost-of-living adjustment, or COLA, for 2027, increasing benefits for more …

Social Security announces 3.6-percent benefit increase for 2027 | The Highland County Press

The Social Security Administration (SSA) this week announced a 3.6-percent benefit increase for 2027.

Boomers Get A Bigger Check While The Rest Of Us Pay The Price

The Social Security Administration announced its annual cost-of-living adjustment (COLA) on Wednesday. Boomers will see a 3.6% increase in benefits.

It's the largest COLA hike in years. Some say it isn't enough

The COLA means the average monthly payment will increase by $75. That may not be enough, some argue.

Social Security recipients to get 3.6% cost of living boost, an average of $75 per month - American Press

The Social Security Administration projected Wednesday that the annual cost-of-living adjustment for older adults and people with disabilities will go up by 3.6% beginning in 2027, with some recipients complaining that is not enough […]