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Social Security's 2027 Raise Is Tracking Near 3.8%. For Many Retirees, Medicare's Premium Hike Will Take the First Bite.

The estimate would add about $61 to a $1,600 monthly benefit, but Medicare premium increases could erase much of the gain.

Summary by 24/7 Wall St.
The post Social Security’s 2027 Raise Is Tracking Near 3.8%. For Many Retirees, Medicare’s Premium Hike Will Take the First Bite. appeared first on 24/7 Wall St.. The July estimate from The Senior Citizens League put the 2027 Social Security cost-of-living adjustment (COLA) at roughly 3.8%. That would be a welcome step up from the 2.8% raise in 2026. Retirees still should not budget the full amount yet. Neither the COLA nor next year’s Medicare …

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FinanceBuzz broke the news on Wednesday, August 5, 2026.
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