SSA sets Oct. 14 for 2027 COLA announcement, with a projected 3.4%

The Social Security Administration will announce the 2027 cost‑of‑living adjustment on Oct. 14, with a rolling estimate around 3.4%—above the historical average but not enough to fully offset rising costs. The final COLA depends on July–September CPI‑W data. Open Enrollment for Medicare runs Oct. 15–Dec. 7, and changes include the end of the Part D Premium Stabilization Program on Jan. 1, 2027, potentially raising drug costs. Analysts warn that, without policy action, the Social Security trust fund could face insolvency by 2032, risking future benefit cuts.