{
  "id": 16308880,
  "title": "Social Security Gets a Shakeup in 2027. Here’s What’s in Store",
  "url": "https://urgent.news/2026/10/24/social-security-gets-a-shakeup-in-2027-heres-whats-in-store",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T09:36:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/retirement/2026/10/24/social-security-gets-a-shakeup-in-2027-here-s-what-s-in-store/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Social Security, an enduring program, undergoes changes each year based on inflation and wage growth. 2027 is no exception, with several adjustments impacting retirees and workers. Social Security cost-of-living adjustments, or COLAs, aim to maintain benefits' purchasing power by accounting for inflation. In 2027, benefits will receive a 3.6% COLA, increasing the average monthly Social Security check from $2,095 to $2,170. However, COLAs often struggle to keep pace with inflation due to their calculation method. Seniors enrolled in Medicare may see their Part B premiums paid directly from their benefits, reducing the benefits' increase. Workers earning over $25,560 will have a smaller Social Security benefit due to the earnings test, with the limit rising from $24,480 to $25,560 in 2027. High earners can qualify for a larger monthly benefit at full retirement age, which can exceed $4,188 per month by delaying claims until age 70. Social Security's wage cap, currently $184,500, will raise to $192,300 in 2027, affecting higher earners who will have to pay taxes on an additional $7,800 of wages. To become eligible for Social Security, workers must accumulate 40 work credits, with the value of each credit rising from $1,890 to $1,970 in 2027.",
  "summary": "Big changes are happening that could impact retirees and workers alike.",
  "key_points": [
    "Social Security benefits will increase by 3.6% in 2027",
    "Workers earning over $25,560 will see reduced benefits due to earnings test",
    "Social Security wage cap raises to $192,300 in 2027"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Social Security Gets a Shakeup in 2027. Here’s What’s in Store",
        "url": "https://urgent.news/2026/10/24/social-security-gets-a-shakeup-in-2027-heres-whats-in-store-16316609",
        "published": "2026-10-24T09:56:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}