2027 COLA bump could give senior spouses a record Social Security payout
The 2027 cost-of-living adjustment (COLA) could push Social Security benefits to a record high for married seniors. Per the Senior Citizens League, the projected COLA for 2027 is 3.6%, 0.8 percentage points higher than this year’s 2.8% and a figure that would raise the average retirement benefit to $2,161 a month. In turn, it’ll increase … Read more