Social Security 2027 Cost-of-Living Adjustment Set at 3.6%
The Social Security Administration has announced a 3.6% cost-of-living adjustment (COLA) for 2027, which is scheduled to take effect with the December 2026 payments distributed in January 2027. This increase aims to mitigate the impact of inflation on senior citizens and retirees. On average, retirement benefits will see a monthly increase of approximately $75, raising the mean benefit from $2,089 to roughly $2,164 per month. Spousal benefits are expected to rise by an average of $35 per month, bringing the typical spousal check just above the $1,000 threshold.
Topics: COLA Inflation Retirement Benefits Social Security
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Part of the story Social Security Beneficiaries to Receive 3.6% Cost-of-Living Adjustment in 2027 (3 articles)