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2027 COLA Watch – Mark Your Calendar - The Motley Fool
October 14 is the date that Social Security Administration officials expect to announce next year’s cost-of-living adjustment. Current projections indicate that beneficiaries can expect a 3.4% to 3.6% increase, higher than the 2.8% average over the past three years. The increase would, of course, be a welcome relief for seniors and others relying on Social Security benefits, but it’s a double-edged sword, since it also reflects the increased costs seniors—and everyone else, for that matter—face. A recent post by The Motley Fool’s Maurie Backman offers some conjecture on the COLA issue. Check out her commentary here...