Social Security checks may see biggest increase in years, but there’s a catch
Early forecasts show the 2027 Social Security cost-of-living adjustment could hit 4%, driven by surging gasoline and energy prices, marking the largest benefit increase since 2023 for 71.1 million recipients; the final figure, set in October, depends on third-quarter inflation data, with falling fuel prices or easing supply risks posing downside risks to the estimate.