Social Security recipients will get more money next year. Here’s how much benefits may rise.

Social Security recipients are expected to receive increased payments next year. Current projections indicate that the cost-of-living adjustment for 2027 could reach as much as 3.6%. However, new estimates suggest that the COLA for 2027 may be lower than what was previously forecast. These updates reflect the evolving calculations for benefit increases, ensuring that recipients are informed about the potential changes to their financial support and the overall impact on their annual payments.