Social Security's 2027 cost-of-living raise was just announced — is it big enough?
The Social Security Administration announced the 2027 cost-of-living adjustment (COLA) for benefits in mid-October 2026.
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As usual, surveys want answers lacking nuance. The 2.8% COLA is fine, even generous, for those of us with significant resources, not nearly enough for those for whom Social Security was originally intended.