3 Must-Know COLA Facts Before the Big Announcement
Social Security's cost-of-living adjustment (COLA) for 2027 is expected to be announced Oct. 14. What might it mean for you?
Overview
The Social Security cost-of-living adjustment (COLA) is expected to be announced on Oct. 14, giving beneficiaries critical information about their 2027 benefits. Here are some key facts to know about the COLA ahead of the announcement so you can better understand what this benefit bump will do for you.
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One of the most important things to know is that while the Social Security cost-of-living adjustment (COLA) will cause your benefits to increase, it is not really a raise.
Details
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Originally published at www.fool.com.
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