June’s inflation data showed a big drop. How will that impact the 2027 Social Security COLA?
Social Security recipients are still on track for one of the biggest cost-of-living increases in recent years, with new estimates pointing to a 3.6% to 3.8% benefit boost in 2027 after June’s cooler-than-expected inflation report. The 2027 COLA could rise by 3.6%, according to the AARP, while the Senior Citizens League is forecasting a 3.8% increase, … Read more