Early projections suggest that Social Security cost-of-living adjustment (COLA) for 2027 may see a modest increase in benefits for retirees.
Experts caution that the final figure for 2027 will not be confirmed until later this year, citing uncertainty in inflation trends and economic conditions.
Initial estimates for the 2027 COLA vary significantly, ranging from 1.2% to 2.8%, depending on inflation trends over the coming months.
The Senior Citizens League predicts that the 2027 COLA will be around 2.8%, following a 2.5% COLA increase in 2026 that affected nearly 71 million Americans receiving Social Security benefits.
The adjustment is calculated based on changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), specifically during the third quarter of the year.
