The Social Security Administration Has Spoken : Here the 2027 Cost - of - Living Adjustment ( COLA ) -- and What It Will Do to Your Benefit

On October 14, the Social Security Administration announced a 3.6% cost-of-living adjustment (COLA) for the year 2027. This annual adjustment is designed to modify benefit amounts to help recipients keep pace with economic changes.

As a result of the newly announced adjustment, specific groups of beneficiaries will see targeted increases. For example, some parents of deceased veterans are projected to receive an additional $364 in their benefits by 2027.