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Social Security Administration Announces 3.6% Cost-of-Living Adjustment (COLA) for 2027

CNBC +1 ·

  1. 1The Social Security Administration announced a 3.6% Cost-of-Living Adjustment (COLA) rate for 2027.
  2. 2An average monthly increase of $75 for Social Security retirement benefits will be applied.
  3. 3Approximately 72 million Americans will receive the benefit increase in January.

So what's the key point?

The Social Security Administration announced a 3.6% increase in Social Security benefits for 2027. About 72 million Americans will receive an average of $75 more starting in January.

Source CNBC +1 · View original ↗

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