Experts estimate the 2027 Social Security cost-of-living adjustment (COLA) could reach 3.5% to 3.6%, the largest in three years, though the official figure will depend on the latest inflation data. An AARP survey of 1,023 adults aged 50 and older found 76% think a 3.5% increase would not be enough, and many worry about rising Medicare costs. The Medicare Part B standard premium is projected to rise from $202.90 to $209.50 a month in 2027, which could eat into the increase. The Senior Citizens League estimates a 3.5% COLA would raise the average benefit by $67.90 a month, to about $2,008 from $1,940. The Trump administration is also sending one-time $90 payments to more than 20 million Medicare Part B enrollees.
Summary written by Upside AI from the original article. Read the source for full details.
Get briefings and signals on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the morning, midday and evening briefing of each market and important news as it happens.