Social Security COLA 2027 Forecast Tightens | Durham News
Episode 1 min 43s

Social Security COLA 2027 Forecast Tightens | Durham News

Social Security’s 2027 COLA is heating up—AARP now predicts 3.6%, while The Senior Citizens League pegs it at 3.5%, a razor-thin difference driven by how each group interprets August’s inflation data. But don’t get too excited: even a higher COLA may leave seniors short, since the formula ignores rising costs for healthcare and housing. With inflation already outpacing last year’s adjustment and energy prices surging, the final number—set for October 14th—could climb further. And remember, even if your check grows, part of that gain might vanish into rising Medicare premiums.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.heraldsun.com/news/business/article317244350.html#storylink=partnerdigest_the

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