Social Security 2027 COLA could hit 3.6% as Medicare Part B premiums rise less
Social Security's 2027 COLA could reach 3.4%-3.6%, while Medicare Part B premiums may rise 3.25%, giving millions of retirees a potential boost.
Social Security's cost-of-living adjustment (COLA) for 2027 is projected to reach 3.6%, according to estimates from two nonpartisan groups. This increase could be attributed to inflation resulting from policies implemented during the Trump administration. Additionally, retirees who pay Medicare Part B premiums may see a rare benefit as their 2027 COLA could surpass the rise in the standard Part B premium.
In 2026, Social Security recipients experienced a 2.8% increase, primarily driven by inflation following the tariffs imposed by President Trump in April 2025. Although the original tariffs were later overturned, the Trump administration continued to impose tariffs under different legal justifications, which could contribute to inflation and affect the Social Security COLA calculation.
The increase in energy prices, linked to the Iran war, also plays a significant role in the expected 2027 COLA.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
