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Social Security benefits set to increase by 3.6% in 2027

The Motley Fool +1 · ·by G4L

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  1. 1A 3.6% increase in Social Security benefits will be applied in 2027.
  2. 2This is higher than last year's 2.8% Social Security increase and the previous year's 2.5% Social Security COLA.
  3. 3Earlier this year, the standard monthly Medicare Part B premium increased by $17.90.

So what's the key point?

Social Security benefits are scheduled to increase by 3.6% in 2027. This figure is higher than previous increase rates.

Source The Motley Fool +1 · View original ↗

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