Social Security’s 2027 COLA Could Be a Classic Good News/Bad News Situation
If you're on Social Security, you need to know what's coming.
Overview
If you're itching to know what your 2027 Social Security cost-of-living adjustment, or COLA, will look like, you don't have to wait much longer. The Social Security Administration is expected to share that number in a little more than a week.
Of course, if you can't wait till then, there are estimates for next year's COLA based on inflation readings from July and August. Independent Social Security analyst Mary Johnson says the upcoming COLA could be 3.5%. And the Senior Citizens League, an advocacy group, agrees with her.
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Details
Source
Originally published at www.fool.com.
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