Social Security COLA for 2027 Set to Rise, But Retirees Face Ongoing Squeeze
Updated
Updated · TheStreet · Apr 19
Social Security COLA for 2027 Set to Rise, But Retirees Face Ongoing Squeeze
53 articles · Updated · TheStreet · Apr 19
Social Security’s 2027 cost-of-living adjustment (COLA) is projected to rise by about 2.8%, according to early forecasts from the Senior Citizens League.
The expected increase matches the 2026 COLA, driven by surging inflation and higher oil prices linked to ongoing conflict in Iran.
Despite the raise, experts warn it may not keep pace with retirees’ actual expenses, especially as housing and healthcare costs remain elevated.
Could a different inflation formula better protect retirees' buying power?
How will Congress prevent a 24% benefit cut when Social Security's fund is depleted by 2032?
Why do rising Medicare costs consume Social Security's annual increases?
Why does America's retirement system receive such a poor grade globally?
Would capping benefits for the wealthy truly save Social Security?
How can a conflict overseas directly shrink your Social Security check?