It's Not Just Larger Checks That Matter: This Big 2027 Social Security Change Could Put More Money in Your Pocket
There's more than just a cost-of-living adjustment in store for Social Security recipients.
Overview
There's a reason so many Social Security recipients are excited for Oct. 14 to arrive. That's the day the Social Security Administration is expected to reveal its 2027 cost-of-living adjustment, or COLA.
This year's COLA, which came in at 2.8%, meant recipients lost buying power due to an uptick in inflation. So many seniors are hoping a more generous raise will come their way in the new year.
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Details
Source
Originally published at www.fool.com.
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