Baltimore, MD – The Social Security Administration (SSA) today announced a 3.6 percent benefit increase for 2027. Social Security benefits include Old-Age, Survivors, and Disability Insurance (OASDI), and Supplemental Security Income (SSI). On average, Social Security retirement benefits will increase by $75 per month. Nearly 72 million Social Security beneficiaries will see a 3.6 percent cost-of-living adjustment (COLA) beginning in January 2027. Increased payments to about 7.3 million people receiving SSI will begin on December 31, 2026. (Note: Some people receive both Social Security benefits and SSI). “Social Security will implement this cost-of-living adjustment for 76 million Americans, giving them greater financial stability,” said Commissioner Frank J. Bisignano. “Under President Donald J. Trump, Social Security is delivering better, faster, higher-quality service for the American people.” Individuals with personal my Social Security accounts can view their COLA notice online starting in late November—up to three weeks earlier than receiving a paper notice in the mail. Account holders can also choose to receive text or email alerts when a new message, including their COLA notice, is available in their personal my Social Security account’s Message Center. Individuals who do not have a personal account will need to create one and enroll in paperless notices by November 18 to see their COLA notice online. Create an account today at www.ssa.gov/myaccount. Individuals who have not enrolled in paperless notices in my Social Security will receive their COLA notice by mail in Dec…Read more