Based on the newly released inflation data for May, the Social Security cost-of-living adjustment (COLA) for 2027 could be a full percentage point higher than this year's.
A big COLA is likely on the way, but it might not provide the boost you're hoping for.
Social Security's 2027 COLA could make history with a sixth straight increase above 2.5%, but rising costs and weaker purchasing power may offset the gains.
Although the 2027 cost-of-living adjustment won't be announced until October, analysts have already raised their projections.
The odds of an above-average 2027 Social Security cost-of-living adjustment (COLA) are looking better and better, with just five months to go until the official announcement. The latest projections ...