All articles tagged with #cola 2027
New estimates indicate the 2027 Social Security cost-of-living adjustment may range from 3.7% to 3.8% as inflation cooled, with June's CPI at 3.5% year over year and the official COLA decision due in October. Medicare Part B premiums are projected near $209.50 in 2027, with a $700 Part D deductible and a $2,400 out-of-pocket threshold, while retiree concerns about costs persist.
Early independent estimates place Social Security’s 2027 COLA at historically high levels, with forecasts ranging from about 3.9% (Senior Citizens League) to 4.2% (Mary Johnson), aided by inflation boosted by tariff policy and an oil-price spike tied to Middle East tensions. If realized, it would be the fourth-largest COLA since 1991; however a bigger raise would hasten the depletion of the OASI trust fund and could necessitate substantial future benefit cuts (around 23% by the early 2030s). Trump-era tax and spending changes also reduce payroll-tax revenue, costing Social Security roughly $168.6 billion from 2025–2034 and nudging the exhaustion timeline forward to late 2032.