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2027 Social Security Cost-of-Living Adjustment (COLA) Announced at 3.6%

The Motley Fool +1 · ·by G4L

  1. 1The Social Security Administration announced that retired workers and other beneficiaries will receive a 3.6% Cost-of-Living Adjustment (COLA) in 2027.
  2. 2The average retired worker will receive an additional $75 per month or $900 per year in 2027.
  3. 3The 3.6% Cost-of-Living Adjustment (COLA) for 2027 is higher than the 2.8% COLA for 2026.

So what's the key point?

Social Security benefits will increase by 3.6% starting in 2027. Retired individuals will receive an additional $75 every month.

Source The Motley Fool +1 · View original ↗

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