How much will Social Security benefits go up next year? Date for COLA announcement

If the current COLA were implemented today, average Social Security benefits would experience an increase of $73.62. This adjustment would raise the average benefit amount from $1,937.53 to $2,011.15. The provided sources focus on the financial impact of the COLA on beneficiaries and mention the upcoming announcement dates for the 2027 COLA. These figures represent the specific monetary growth expected for the average recipient under the current cost-of-living adjustment projections.