Social Security gets 3.6% cost-of-living adjustment for 2027

washingtonexaminer.com

Social Security beneficiaries will receive a 3.6% cost-of-living adjustment in 2027, the Social Security Administration announced Wednesday, as rising prices strain older Americans’ finances. The increase will raise average monthly retirement benefits by about $75 and apply to nearly 72 million people receiving Social Security benefits beginning in January 2027. Payments for approximately 7.3 million […]