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Today’s Lead Story
Tuesday, October 20

Personal Finance

Social Security 2027 COLA Confirmed — Benefits Rise 3.6% Starting January

via Social Security Administration

The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027 on October 14, the largest benefit increase since 2023. The average retired worker's monthly check rises by about $75, with new payment amounts starting in January.

Why it matters

If you or a family member receives Social Security, your payment will automatically increase in January — a good time to update your household budget before year-end.

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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