That is why nobody knows the final 2027 COLA yet.
August and September inflation figures still matter.
Why the 2027 Estimate Is Higher
Social Security recipients received a 2.8% increase for 2026, raising benefits for tens of millions of Americans.
But inflation has remained elevated enough in 2026 for analysts to predict a somewhat larger increase next year.
The Senior Citizens League reported that July’s CPI-W showed a year-over-year increase of approximately 3.4%, contributing to its latest 3.6% COLA projection.
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