2027 Social Security COLA data collection begins as forecasters diverge on benefit increase estimates

Summary

The three-month period determining the 2027 Social Security cost-of-living adjustment (COLA) has begun, with two major forecasters publishing early projections that differ by nearly a full percentage point. This adjustment will affect household budgets for approximately 75 million Americans collecting Social Security or Supplemental Security Income starting January 2027. The article examines the forces behind the potential raise and the unusually high stakes surrounding next year's benefit increase.

Source

bsky2027 Social Security COLA data collection begins as forecasters diverge on benefit increase estimatesbit.ly