3.6% Social Security Cost-of-Living Adjustment (COLA) for 2027 and Potential Risks
- 1The Social Security program will apply a 3.6% Social Security Cost-of-Living Adjustment (COLA) increase in January 2027.
- 2The average monthly Social Security retirement benefit of $2,089 as of September 2026 will be adjusted through a $75 increase in the average monthly Social Security retirement benefit.
- 3The Social Security Board Trustees stated that without intervention from Washington, the Social Security program could face a 23% benefit cut in six years.
So what's the key point?
Social Security retirement benefits will increase by 3.6% starting in January 2027. Benefits could be cut by 23% if the government does not intervene.
Source The Motley Fool +1 · View original ↗
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