2027 Social Security COLA Update: There's Good News and Bad News
A large COLA could be coming, but it may still leave you wanting more.
Overview
Seniors who have been anxiously awaiting news of the 2027 Social Security cost-of-living adjustment (COLA) won't have to wonder much longer. We're now just over two months away from the official announcement date, and the final numbers needed for the calculation will trickle in over the next few weeks.
Recent projections give us a clue about where the 2027 COLA might wind up, and it's a bit of a good news/bad news situation for seniors. Your checks will definitely get a boost, but it might not give you the breathing room you were hoping for.
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.