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Rising inflation pushes official 2027 Social Security COLA to 3.6%, which will increase the average monthly check by about $75
Consumer prices in September jumped 3.7% from a year ago. The Social Security Administration said benefits will increase next year to help keep pace with the rising cost of living.
Rising energy costs are pushing annual inflation to 3.7%, with gas prices up more than 9% and fuel oil surging 15% in September. Meanwhile, Social Security recipients will receive a