US Social Security benefits to rise by 3.6 percent in 2027

US Social Security benefits will increase by 3.6 percent starting in 2027, marking one of the largest cost-of-living adjustments in a decade. The increase was announced by the Social Security Administration after the September Consumer Price Index rose by 3.9 percent. The boost will raise average monthly payments by $75 for seniors and disabled individuals, with the adjustment taking effect in January for 72 million recipients and the taxable wage base increasing to $192,300.