June's inflation data showed a big drop. How will that impact the 2027 Social Security COLA?

Source CBS Local
Original Load Date July 14, 2026, 3 p.m.
Last Updated July 14, 2026, 3 p.m.
Original URL https://www.cbsnews.com/chicago/news/social-security-cola-percentage-2027-estimate/

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Social Security recipients are still on track for one of the biggest cost-of- living increases in recent years, with new estimates pointing to a 3.6% to 3.8% benefit boost in 2027 after June's cooler-than-expected inflation report. The 2027 COLA could rise by 3.6%, [ according ][14] to the AARP, wh...