Social Security recipients may get larger cost-of-living increase in 2027, forecast shows
A new forecast predicts that Social Security beneficiaries could see a bigger cost-of-living adjustment (COLA) in 2027 than previously expected. The projection is based on inflation trends and economic data, which directly affect annual benefit increases for millions of retirees and disabled individuals. This matters because it influences the financial planning of recipients who rely on these payments to keep up with rising costs.