business π° Social Security COLA might hit 3.5-3.6% in 2027
Social Security beneficiaries could see a 3.5% to 3.6% Cost-of-Living Adjustment (COLA) in 2027. Analysts suggest this boost could be the highest in three years for millions of Americans. The official announcement is pending September inflation data, which the SSA will release in October. Groups like AARP forecast a 3.6% increase, potentially adding around $75 monthly. This decision relies on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).