Trump administration promises social security recipients 3.6% increase in 2027

‘Seniors have spent years watching their expenses outpacing their benefits’ advocate says Social security recipients will see a 3.6% cost-of-living adjustment (Cola) in 2027, increasing retirement benefits by an average of $75 per month as millions of Americans continue to grapple with rising prices. Nearly 72 million social security beneficiaries will see higher payments beginning in January 2027…