HealthMedicare Deductions May Reduce 2027 Social Security COLA Increase
The Social Security Administration will announce the 2027 cost-of-living adjustment (COLA) in October, based on data through September. While the COLA aims to increase retirees' monthly benefits to match inflation, Medicare premiums and other deductions may reduce the actual amount retirees receive. For those receiving about $2,000 monthly, the net increase could be less than the announced COLA.
HT World·



