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Social Security recipients could see a bigger cost of living adjustment in 2027 as inflation rises
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) next year amid rising inflation, according to new reports.An analysis by The Senior Citizens League (TSCL) predicts that the 2027 COLA will be 3.9%, which would represent an increase of 1.1 percentage points from this year's 2.8% COLA. TSCL's previous prediction for the 2027 COLA was 2.8% in its February and March estimates. TSCL estimates that the average Social Security benefits check for retired workers would rise by $81.17, up from $2,081.16 to $2,162.33."Many seniors are telling us the same thing:...21 hours ago
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