The Social Security Administration announced a 3.6 percent cost-of-living adjustment for 2027, raising average retirement benefits by $75 per month. The increase also applies to Supplemental Security Income and is expected to affect VA disability compensation.
US inflation rose to 3.7% in September, driven by high energy costs from the Iran war. This is the final CPI report before the November midterm elections.
The Social Security Administration announced a 3.6 percent cost-of-living adjustment for 2027, raising average retirement benefits by $75 per month for nearly 72 million beneficiaries.
Checked against 4 sourcesssa.govwibw.comfinance.yahoo.com+1 more
