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International Business Times UK
International Business Times UK
Rose Enecio

Social Security COLA Forecast Points to $68 Boost, But Seniors May Still Feel Squeezed in 2027

Senior citizens may receive an extra $67.90 in monthly Social Security benefits if a 3.5% COLA forecast is confirmed (Credit: BBC Creative/Unsplash)

A Social Security COLA forecast from The Senior Citizens League projects a 3.5% increase in benefits in January 2027. If the estimate holds, it would add about $67.90 (£50.33) to the average monthly benefit figure used in TSCL's calculation, although the official adjustment has not been announced.

TSCL says the Social Security Administration is expected to announce the 2027 COLA on October 14, when the Bureau of Labor Statistics releases its September inflation data.

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