Retirement

Social Security 2027 COLA: 3.6% Benefit Increase Announced, Largest Boost Since 2023 Key Takeaway: The Social Security Administration has announced a 3.6% cost-of-living adjustment (COLA) for 2027, raising average monthly benefits for over 76 million Americans. The increase, based on the latest inflation data, will take effect in January 2027 for Social Security and December 31, 2026, for SSI recipients.