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Social Security benefits to rise 3.6% in 2027, but some may get less

The Social Security Administration set a 3.6% cost-of-living adjustment for 2027, and a hidden deduction could trim what some recipients actually receive. Veterans' disability checks are expected to rise as well.

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What happened

The Social Security Administration has set a 3.6% cost-of-living adjustment for 2027, which lifts retirees' benefits.

Why it matters

The adjustment affects retirees' monthly income, and VA disability compensation follows the same adjustment, so veterans' checks are also expected to rise.

Timeline

  1. Oct 16, 12:30 PM ET: The Social Security Administration announced the 2027 cost-of-living adjustment at 3.6%, with many seniors expected to receive less than that figure.
  2. Oct 16, 4:29 PM ET: VA disability compensation is set to follow the Social Security adjustment, meaning veterans' checks could also grow in 2027.
  3. Oct 17, 8:30 AM ET: For the highest-earning couples who retired this year, the increase will mean more than $100,000 a year in benefits, according to one nonprofit.

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