Social Security COLA: 2.8% Projected, But Seniors Still Struggle

Social Securitys 2027 Cost-of-Living Adjustment: A Mixed Bag for Seniors - The Senior Citizens League projects a 2.8% COLA for 2027, but inflation has eroded Social Security benefits purchasing power by 20% since 2010. While a higher COLA could help offset everyday costs, Medicare premiums will likely increase, leaving seniors to rely more on savings and other income. The official announcement is expected in mid-October. 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/8c1af19182068b25

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