Social Security Announces 3.6 Percent Benefit Increase for 2027

Social Security and Supplemental Security Income (SSI) benefits for nearly 72 million beneficiaries will see a 3.6 percent cost-of-living adjustment (COLA) in January 2027.  Increased payments will begin on December 31, 2026.  On average, Social Security retirement benefits will increase by $75 per month.

You can access the SSA announcement here.