Social Security 2027 COLA forecast: The Social Security Administration is expected to announce the 2027 cost-of-living adjustment on Oct. 14. For millions of Social Security recipients, that number will determine how much their monthly benefits rise next year.
The annual COLA is meant to help benefits keep pace with inflation. It isn't based on a single inflation reading, though. The calculation uses a specific measure of consumer prices and a specific three-month period.