Social Security benefits will increase 3.6% in 2027 under a cost-of-living adjustment the Social Security Administration announced on Oct. 14. The higher payments begin in January 2027. The prior adjustment, reflected in 2026 checks, was 2.8%.
Social Security benefit payments will increase 3.6% for the coming year. The Social Security Administration announced the cost-of-living adjustment, known as COLA, on October 14. The announcement came after the Bureau of Labor Statistics released the September inflation report.
The 3.6% adjustment raises Social Security benefits payable beginning in January 2027. The prior adjustment, reflected in 2026 checks, was 2.8%.
