Social Security 2027 COLA Forecast Holds at 2.8%, but Retirees May Get Less Relief Than They Hope
An early forecast for Social Security’s 2027 cost-of-living adjustment held at 2.8%, matching this year’s increase, despite a jump in March inflation. The Senior Citizens League said this would add about $56.69 a month to the average retirement benefit. A rival analyst raised her estimate to 3.2% after the March data. The final COLA will be set in October using third-quarter inflation figures.