Social Security COLA prediction for 2027 could mean bad news for seniors

Social Security’s cost-of-living adjustment (COLA) could stay at 2.8% in 2027, the same as its rate for this year. That’s the latest prediction from The Senior Citizens League (TSCL) and mirrors 2026’s COLA. If enacted in October, it would increase the average benefits check from $2,024.77 to $2,081.46—a $56.69 increase.  The TSCL finds the 2.8% increase concerning due to high costs of living, such as rents and mortgages. “The fact is that most senior households already get by on...