Social Security's 2027 COLA Should Be Among the Largest in 35 Years, Thanks to Trumpflation and a First-of-Its-Kind Catalyst
Independent estimates call for Social Security benefits to rise by 3.5% in 2027 -- but this isn’t the biggest story.
The Social Security Administration's annual cost-of-living adjustment (COLA) for 2027 is expected to be one of the largest in the last 35 years, according to recent estimates. The COLA, which serves as a near-annual raise for the nearly 71 million traditional beneficiaries, is determined by the U.S. Bureau of Labor Statistics' monthly inflation report, due to be released on Wednesday, October 14 at 08:30 a.m. ET.
Independent projections have been adjusted to 3.5% by The Senior Citizens League and Mary Johnson, a Social Security and Medicare policy analyst, following the release of August's inflation report. This projected COLA would match the sixth-largest increase since 1993.
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