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Some recipients may see smaller gains in 2027 - Motley Fool
The Social Security Administration COLA is determined by comparing the average Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the third quarter of the current year to the same period in the previous year, and applying the percentage increase to Social Security benefits. Although we are only in the third quarter of the year, many experts estimate that the COLA for 2027 may be 3.8 percent. Selena Maranjian, writing for the Motley Fool, reports that COLA boosts are intended to keep the buying power of recipients’ monthly checks steady in the face of inflation, but the news isn’t all good. Read Ms. Maranjian’s article here…
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