The Economic Times

Social Security COLA 2027 prediction: 2.8% increase likely as inflation hits 2-year high, retirees still struggle

Social Security COLA for 2027 may be around 2.8% as inflation rises again. Higher oil prices are making daily things expensive, which affects retirees the most. Even if benefits increase, it may not be enough to cover basic needs. Many people on fixed income could still struggle as living costs keep going up slowly.