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Today’s Lead Story
Wednesday, October 14

Retirement

Social Security Announces 2027 Benefit Increase, Expected Near 3.5%

via Social Security Administration

The Social Security Administration released the official 2027 cost-of-living adjustment on October 14, following the September inflation report from the Bureau of Labor Statistics. Forecasters at AARP and The Senior Citizens League projected the increase at 3.5% to 3.6%, which would add roughly $70 to $75 per month to the average retired worker's benefit.

Why it matters

If you or a family member collects Social Security, this adjustment determines how much your monthly check grows starting in January 2027.

For educational purposes only. Not financial, investment, tax, or legal advice. Always do your own research or speak with a qualified professional.

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