Baltimore, MD (KKOB) – The Social Security Administration (SSA) announced a 3.6 percent benefit increase for 2027 which would be on average, an increase by $75 per month.
Nearly 72 million Social Security beneficiaries will see the 3.6 percent cost-of-living adjustment (COLA) beginning in January 2027. Increased payments to about 7.3 million people receiving SSI will begin on December 31, 2026.
“Social Security will implement this cost-of-living adjustment for 76 million Americans, giving them greater financial stability,” said Commissioner Frank J. Bisignano. “Under President Donald J. Trump, Social Security is delivering better, faster, higher-quality service for the American people.”
Individuals with personal my Social Security accounts can view their COLA notice online starting in late November—up to three weeks earlier than receiving a paper notice in the mail.
Social Security beneficiaries will receive a simplified, one-page COLA notice, which uses plain and personalized language, and provides exact dates and dollar amounts of an individual’s new benefit amount and any deductions.
Information about Medicare changes for 2027 will be available at www.medicare.gov. For Medicare enrollees, the 2027 premium amount will be available via my Social Security Message Center starting in late November. Individuals who have not opted to receive messages online will receive their COLA notice by mail in December.
