2027 COLA: Key Social Security deadline looms to get early look at new benefits

3 days ago 6
The purpose of the COLA is to ensure the purchasing power of Social Security and Supplemental Security Income (SSI) is not eroded by inflation, which has remained elevated throughout 2026.

Social Security benefits are increasing 3.6% in 2027. For most people, higher checks will hit accounts in January, though Supplemental Security Income (SSI) recipients will receive their first cost-of-living adjustment checks in late December, due to the New Years Day holiday.

Read Entire Article