Social Security Benefits to Rise 3.6% in 2027, Largest Increase Since 2024
Source Summary
The Social Security Administration announced a 3.6 percent cost-of-living adjustment for 2027, up from 2.8 percent this year. Nearly 72 million recipients will see average monthly benefit increases of $75 beginning in January 2027.
Why it matters
The adjustment directly affects the monthly income of nearly 72 million Social Security recipients and reflects inflation expectations for the coming year.
