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Social Security COLA to rise 2.6% in 2027, lowest increase in four years

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The Social Security Administration announced the 2027 cost-of-living adjustment (COLA) will be 2.6%. This increase is based on inflation data from the third quarter. The 2027 COLA will be the smallest annual raise for beneficiaries since 2023. The adjustment affects monthly benefits for millions of retirees and disabled individuals starting January 2027.

Read the full story at Economic Times

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Social Security COLA to rise 2.6% in 2027, lowest increase in four years · ShortSingh