The Economic Times

Social Security checks could increase in 2027 as new COLA forecast rises to 3.9% - here's how much retirees are expected to get next year

Social Security benefits 2027 increase: Millions of Social Security recipients may receive larger monthly payments in 2027, with current inflation trends pointing to a potential 3.9% cost-of-living adjustment. This projection, driven by rising energy costs, could increase average retiree benefits by approximately $81 monthly. However, potential Medicare premium hikes might offset some of this gain.