Social Security's Projected Cost-of-Living Adjustment for 2027 Drops Amid Cooling Inflation
New estimates indicate the projected cost-of-living adjustment (COLA) for Social Security in 2027 may fall to between 3.7% and 3.8%, down from previous projections, due to cooling inflation as reflected by recent government data showing a year-over-year CPI increase of 3.5%. The official COLA is expected to be announced in October.
Topics: cost-of-living adjustment CPI inflation Social Security