2 Unpleasant Surprises Awaiting Retirees When It Comes to the 2027 COLA
The 2027 Social Security cost-of-living adjustment is on track to be a big one, but retirees face two unpleasant surprises.
Overview
In 2027, retirees could get a large Social Security cost-of-living adjustment (COLA). In fact, estimates from various third-party analysts who track the program put next year's Social Security benefits increase at 3.8% to 4.7%.
While this would be considerably larger than the 2.8% raise seniors got this year or the 2.5% raise in 2025, retirees face two big issues related to the upcoming 2027 COLA that are likely to lead to disappointment. Here's what they are.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.