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Cola 2027

All articles tagged with #cola 2027

SSA sets Oct. 14 for 2027 COLA announcement, with a projected 3.4%
economy3 days ago

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.

Cooling Inflation Pushes 2027 Social Security COLA Toward 3.7–3.8%
business1 month ago

Cooling Inflation Pushes 2027 Social Security COLA Toward 3.7–3.8%

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.

Trump-Era Policies Could Propel a Historic 2027 Social Security COLA, but at a Price
economy2 months ago

Trump-Era Policies Could Propel a Historic 2027 Social Security COLA, but at a Price

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.