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Markets · Investing · Business
Finance
What the Senior Citizens League's Latest COLA Prediction Means for Your Planning
The Senior Citizens League is predicting a large COLA, but that's not necessarily good news.
If you are collecting Social Security benefits, chances are good that you're eager for any insight into how your benefits will change in 2027. In particular, many seniors are awaiting the announcement of the 2027 Social Security cost-of-living adjustment (COLA).
It will be October before the official COLA announcement comes, but experts are already making predictions, and it would be smart for retirees to pay attention. If the expert predictions pan out, that may not be a good thing for most older Americans.
Details
Here's what the COLA projections look like right now, along with some details on why this news may be disappointing to retirees.
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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.
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