India, Jan. 21 -- The first estimate for the 2027 Social Security cost-of-living adjustment (COLA) has now been released. Seniors can expect a 0.3 percent decrease from 2026, Newsweek reported.
This week, the Senior Citizens League said that it expects the 2027 COLA to be 2.5 percent. If their prediction comes true, it is a 0.3 percent decline from the cost-of-living bump this year.
Social Security payments change based on inflation via the COLA each year.
The Senior Citizens League's prediction for 2027 says that seniors would get an extra $52 on average to their current Social Security checks. The official COLA could differ, but current inflationary trends suggest a 2.5 percent boost for next year. The COLA was set at 2.8 percent thi...
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