Social Security Confirms 3.6% Increase for 2027 — Here’s What Changes for Retirees and Workers

Social Security benefits will increase 3.6% in 2027, while new earnings limits and payroll tax thresholds will affect retirees, workers, and disability beneficiaries. PeopleImages/Shutterstock

Millions of Americans receiving Social Security will see larger monthly payments in 2027, but the changes extend beyond retirement checks. New federal figures also increase the maximum wages subject to Social Security taxes, adjust earnings limits for working retirees, and raise certain disability benefit thresholds.

The Social Security Administration (SSA) confirmed the adjustments in a Federal Register notice published October 26, 2026, following its initial announcement of a 3.6% cost-of-living adjustment (COLA) earlier this month.