2027 Social Security COLA Update: There's Good News and Bad News
The Motley Fool reports that the 2027 Social Security COLA is projected to be about 3.8%, which is above average and would add roughly $79 to the typical monthly benefit.
Why it matters — A COLA of 3.8% is higher than the historical average, meaning beneficiaries would see a notable increase in their monthly payments for 2027.