How much will Social Security benefits go up next year? Here’s when you’ll know 2027 COLA

3 months ago 19
Social Security’s COLA is determined by the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W’s, percentage increase in the third quarter of the year – July, August and September.

Rising inflation means Social Security recipients could get their highest cost-of-living adjustment, or COLA, since 2023. They’ll have to wait a while longer, however, to find out exactly how much their checks will increase.

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