Annual increases in Social Security's monthly payments, known as cost-of-living adjustments, or COLAs, are based on U.S. consumer inflation rates. The 2027 COLA of 3.6% is the highest cost-of-living ...
NBC Selected independently determines what we cover and recommend. When you click on or buy through our links, we earn a commission. Learn more. Mili Godio Commerce Editor If you’re struggling with ...