Latest News
Social Security: Looking Ahead to 2027 - Motley Fool
As most of us know, annual changes to Social Security are inevitable, some of which are good and some of which may take a bit more out of your pocket. This Motley Fool article by Christy Bieber discusses several SS changes which are on the docket for 2027, although specific dollar amounts can’t yet be included. On the positive side, Social Security recipients will see their monthly amount increase due to the annual Cost of Living Adjustment (COLA). Also, Social Security’s Annual Earnings Test (AET) limit will likely increase, meaning if you have not yet reached your full retirement age you can earn a bit more without your SS benefits being affected. But on the negative side, it will also likely mean that you may be paying more for Medicare (most SS beneficiaries have their Medicare premium taken from their SS benefit), and it will likely take more to earn each Social Security “quarter credit” to gain eligibility for SS benefits. All of this is discussed in this Motley Fool article by Christy Bieber. Click here to read more.
Social Security is a complex topic. If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security or enrollment in Medicare, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.