SSA to Set 2027 Social Security COLA on Oct. 14 as Forecasts Range From 3.8% to 4.7%
Updated
Updated · The Motley Fool · Jul 12
SSA to Set 2027 Social Security COLA on Oct. 14 as Forecasts Range From 3.8% to 4.7%
3 articles · Updated · The Motley Fool · Jul 12
Summary
Oct. 14 is the key date for retirees: once September CPI-W data is released, the Social Security Administration can announce the official 2027 cost-of-living adjustment.
Third-quarter CPI-W readings determine the annual COLA, so July estimates remain unofficial even as inflation has recently accelerated.
Current projections point to a bigger increase than this year’s 2.8% adjustment, with the Senior Citizens League estimating 3.8% and analyst Mary Johnson projecting 4.7%.
The October announcement typically also sets other 2027 program figures, including the maximum monthly benefit and the earnings test limit.