The Unwanted Surprise Lurking Behind 2027’s Social Security COLA
If you’re excited about the idea of a 3.6% Social Security cost-of-living adjustment, or COLA, in 2027, that makes a ton of sense. This year, benefits only increased by 2.8%, and inflation quickly eroded that raise as prices soared on the heels of the Middle East conflict. A 3.6% raise may seem like a more comfortable bump.
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