Higher Gas Prices May Lead to Larger 2027 Social Security Cost-of-Living Adjustment
Rising gas prices and energy-related inflation could result in a larger cost-of-living adjustment (COLA) for Social Security beneficiaries in 2027. The Senior Citizens League has raised its COLA projection from 2.8% to 3.9%, reflecting concerns about sustained inflation.
Topics: COLA (Cost of Living Adjustment) gas prices inflation Social Security