Millions of Americans receiving Social Security are eagerly waiting for September 2026 payment. They are also curious to know much their benefits could Social Security benefits could increase in 2027. The September payment will be made today (September 16), while estimates for the next Social Security cost-of-living adjustment (COLA) are coming into sharper focus as inflation data for the third quarter is released.
The official 2027 COLA has not yet been announced. Multiple outlets report that public projections for the 2027 cost-of-living adjustment have been landing near 3.5%–3.6%; CBS News says the 2027 COLA is now projected at 3.6%, while USA Today reported analysts tracking inflation see about a 3.5% raise.