Social Security cost of living adjustment to be announced Wednesday as inflation raises prices for seniors

WASHINGTON — More than 75 million Americans who receive Social Security benefits will find out Wednesday how much their monthly checks will increase in 2027, when the Social Security Administration announces its annual cost-of-living adjustment.

Forecasters expect the adjustment to land between 3.5% and 3.6%, the largest increase since 2023 and up from the 2.8% adjustment recipients received in 2026. 

The cost of living adjustment, often abbreviated to COLA, is calculate...