Social Security recipients predicted to get a raise: That’s not necessarily good news

2 days ago 2
Based on the latest Consumer Price Index, The Senior Citizens League predicts that Social Security’s 2027 Cost of Living Adjustment will be 3.9%, 1.1 percentage points higher than this year’s COLA of 2.8%.

Social Security recipients are slated for a noticeable increase in benefits next year, according to the latest forecast. And while the increase is predicted to be higher than expected, the reason behind the boost will likely continue to plague beneficiaries.

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