COLA 2027: Brace for a Bigger or Smaller Raise

Social Securitys cost-of-living adjustment for 2027 is a hot topic, with early indications suggesting it could be bigger or smaller than last years 2.8% increase. The adjustment is tied to third-quarter data from the Consumer Price Index, which saw a significant inflation jump in March due to the Iran conflict. Experts are divided, with some predicting a 2.8% increase and others calling for 3.2% due to soaring gas prices. However, COLAs often lag behind real inflation, particularly in healthcare. Keep an eye on monthly inflation reports and consider auditing your spending, trimming expenses, and potentially taking on part-time work to stay ahead of any COLA increases. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2fba71857aefcd97