Here's What a 3.5% 2027 Social Security COLA Could Mean for Your Benefits
We're just days away from the biggest Social Security news of the year.
Overview
We're just days away from the 2027 Social Security cost-of-living adjustment (COLA) announcement on Oct. 14. Recent estimates from The Senior Citizens League (TSCL) suggest it will come in around 3.5%.
That's not locked in yet, but TSCL's estimates tend to be pretty close to the actual Social Security COLA. Here's a closer look at what an extra 3.5% would do to the average benefit.
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.