One of Social Security's Most Important Dates Is Less Than 2 Months Away. Here's What Retirees Can Expect.
A nice benefits boost could be on the way, but it doesn't help retirees right now.
Overview
Social Security is one of the U.S.'s most important social programs, but a common complaint among recipients is how much it changes. One change that's appreciated, however, is the annual cost-of-living adjustment (COLA), which is meant to offset increases in prices.
The Social Security Administration (SSA) will announce the 2027 COLA on Oct. 14. We won't know exactly what it will be until then, but here's what retirees can expect based on current economic conditions.
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Originally published at www.fool.com.
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