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2027 COLA · Updated for the October announcement

Social Security 2027 Benefit Increase: What We Know About the COLA

The 2027 Social Security increase (COLA) hasn't been announced yet. SSA is expected to announce it in October 2026. The 2026 Trustees Report projects 2.4%, and private forecasts cluster around 3.4%–3.6%. Here's the timeline, a COLA chart, a 2027 increase calculator, and what does and doesn't vary by state.

Official Data Verification: Educational guide · Published SSA/IRS concepts
Audited against Federal Reserve Holiday Calendar
Primary Authority: Social Security Administration (SSA)
Regulatory Basis: POMS GN 02401.000 & 20 CFR § 404.1807

Social Security 2027 Benefit Increase at a Glance

2027 COLA status
Not yet announced
Expected in October 2026, after the September CPI report on October 14, 2026.
Trustees projection
2.4%
2026 Trustees Report
Private forecasts
3.4%–3.6%
CRFB, TSCL, AARP
2026 COLA
2.8%
In effect since January 2026
Takes effect
January 2027
December 2026 benefits

The 2.4% figure is a projection, not the official increase. It comes from the Trustees' intermediate assumptions set earlier in the year. The official COLA is calculated from July–September 2026 inflation (CPI-W) and can differ.

Social Security 2027 COLA Calculator

Estimates until SSA announces the COLA

$
COLA rate

The COLA is the same in every state. Your state only affects taxes and SSI supplements.

Your estimated 2027 increase

Current benefit
$2,000
COLA
2.4% (projection)
Increase
+$48.00/mo
New benefit
$2,048.00/mo

That's about $576.00 more over 2027.

Estimate only — the official 2027 COLA has not been announced. Not an SSA calculation.

How Much Will Social Security Go Up in 2027?

Projections and forecasts are shown separately from the official figure. Only SSA's announcement sets the 2027 increase.

Source2027 COLANote
2026 SSA Trustees intermediate assumption2.4%Long-range assumption — not the current CPI-based forecast
Committee for a Responsible Federal Budget3.4%Private forecast from available CPI-W so far; not official
Senior Citizens League (TSCL)3.5%Private forecast; not official
Mary Johnson (independent analyst)3.5%Private mid-September estimate; not official
AARP3.6%Private forecast using available CPI-W + Cleveland Fed Sept outlook; ~$75/mo on an average retired-worker check if that rate holds
Official 2027 COLANot yet announcedFinal after Sept 2026 CPI-W (report due Oct. 14, 2026)
Monthly benefitAt 2.4%At 3.5%
$1,000+$24.00 → $1,024.00+$35.00 → $1,035.00
$1,500+$36.00 → $1,536.00+$52.50 → $1,552.50
$2,000+$48.00 → $2,048.00+$70.00 → $2,070.00
$2,500+$60.00 → $2,560.00+$87.50 → $2,587.50
$3,000+$72.00 → $3,072.00+$105.00 → $3,105.00
$4,000+$96.00 → $4,096.00+$140.00 → $4,140.00

When Will the 2027 Social Security COLA Be Announced?

  1. July–August 2026CPI-W data for two of the three third-quarter months is published.
  2. October 14, 2026BLS releases September CPI — the final month in the COLA formula.
  3. October 2026SSA announces the official 2027 COLA, usually the same day as the CPI release.
  4. Late 2026SSA posts COLA notices in my Social Security accounts and mails letters.
  5. January 2027Payments reflect the increase (December 2026 benefits). SSI rises with the January 2027 payment.
2027 Social Security payment dates

Social Security 2027 COLA Increase Chart

Annual COLA by the year the increase was first paid.

2015
1.7%
2016
0.0%
2017
0.3%
2018
2.0%
2019
2.8%
2020
1.6%
2021
1.3%
2022
5.9%
2023
8.7%
2024
3.2%
2025
2.5%
2026
2.8%
2027
Pending official announcement

2027 bar is drawn at the 2.4% Trustees projection for scale only. Source: SSA COLA history. Full COLA history

Social Security 2027 Increase by State

The federal Social Security COLA is the same percentage in every state. SSA sets it nationally under the statutory formula, so there are no state-by-state COLA raises. Your dollar increase depends on your own benefit amount, not where you live.

What does vary by state: whether your state taxes Social Security benefits, and whether it adds a supplement to SSI. Those are separate from the federal COLA. The 2026 federal SSI rate is $994 for an individual and $1,491 for a couple.

State2027 federal COLAState tax on Social SecuritySSI state supplement
AlabamaSame nationwide (pending)Not taxedSupplement (state-administered)
AlaskaSame nationwide (pending)Not taxedSupplement (state-administered)
ArizonaSame nationwide (pending)Not taxedNo state supplement
ArkansasSame nationwide (pending)Not taxedNo state supplement
CaliforniaSame nationwide (pending)Not taxedSupplement (SSA-administered)
ColoradoSame nationwide (pending)Partially taxedSupplement (state-administered)
ConnecticutSame nationwide (pending)Partially taxedSupplement (state-administered)
DelawareSame nationwide (pending)Not taxedSupplement (SSA-administered)
District of ColumbiaSame nationwide (pending)Not taxedSupplement (SSA-administered)
FloridaSame nationwide (pending)Not taxedSupplement (state-administered)
GeorgiaSame nationwide (pending)Not taxedSupplement (state-administered)
HawaiiSame nationwide (pending)Not taxedSupplement (SSA-administered)
IdahoSame nationwide (pending)Not taxedSupplement (state-administered)
IllinoisSame nationwide (pending)Not taxedSupplement (state-administered)
IndianaSame nationwide (pending)Not taxedSupplement (state-administered)
IowaSame nationwide (pending)Not taxedSupplement (SSA-administered)
KansasSame nationwide (pending)Not taxedSupplement (state-administered)
KentuckySame nationwide (pending)Not taxedSupplement (state-administered)
LouisianaSame nationwide (pending)Not taxedSupplement (state-administered)
MaineSame nationwide (pending)Not taxedSupplement (state-administered)
MarylandSame nationwide (pending)Not taxedSupplement (state-administered)
MassachusettsSame nationwide (pending)Not taxedSupplement (state-administered)
MichiganSame nationwide (pending)Not taxedSupplement (SSA-administered)
MinnesotaSame nationwide (pending)Partially taxedSupplement (state-administered)
MississippiSame nationwide (pending)Not taxedNo state supplement
MissouriSame nationwide (pending)Not taxedSupplement (state-administered)
MontanaSame nationwide (pending)Partially taxedSupplement (SSA-administered)
NebraskaSame nationwide (pending)Not taxedSupplement (state-administered)
NevadaSame nationwide (pending)Not taxedSupplement (SSA-administered)
New HampshireSame nationwide (pending)Not taxedSupplement (state-administered)
New JerseySame nationwide (pending)Not taxedSupplement (SSA-administered)
New MexicoSame nationwide (pending)Partially taxedSupplement (state-administered)
New YorkSame nationwide (pending)Not taxedSupplement (state-administered)
North CarolinaSame nationwide (pending)Not taxedSupplement (state-administered)
North DakotaSame nationwide (pending)Not taxedNo state supplement
OhioSame nationwide (pending)Not taxedSupplement (state-administered)
OklahomaSame nationwide (pending)Not taxedSupplement (state-administered)
OregonSame nationwide (pending)Not taxedSupplement (state-administered)
PennsylvaniaSame nationwide (pending)Not taxedSupplement (SSA-administered)
Rhode IslandSame nationwide (pending)Partially taxedSupplement (SSA-administered)
South CarolinaSame nationwide (pending)Not taxedSupplement (state-administered)
South DakotaSame nationwide (pending)Not taxedSupplement (state-administered)
TennesseeSame nationwide (pending)Not taxedNo state supplement
TexasSame nationwide (pending)Not taxedSupplement (state-administered)
UtahSame nationwide (pending)Partially taxedSupplement (state-administered)
VermontSame nationwide (pending)Partially taxedSupplement (SSA-administered)
VirginiaSame nationwide (pending)Not taxedSupplement (state-administered)
WashingtonSame nationwide (pending)Not taxedSupplement (state-administered)
West VirginiaSame nationwide (pending)Not taxedNo state supplement
WisconsinSame nationwide (pending)Not taxedSupplement (state-administered)
WyomingSame nationwide (pending)Not taxedSupplement (state-administered)

Maximum Social Security Benefit in 2027 by Age

The maximum isn't set by the COLA alone. It depends on earnings history (maximum-taxable earnings every year), claiming age, and the year you retire. SSA publishes 2027 figures with the COLA announcement.

Claiming age2026 maximum2027 maximum
62$2,969Update after official 2027 figures
Full retirement age$4,152Update after official 2027 figures
70$5,181Update after official 2027 figures

2026 figures: SSA examples for January 2026 retirement at 62 and 70; FRA maximum from the 2026 COLA fact sheet. See how claiming age changes your benefit

How Medicare Part B Affects Your 2027 Increase

If Medicare Part B is deducted from your benefit, a premium increase takes part of your COLA. The standard premium is $202.90 in 2026, and the Medicare Trustees project about $209.50 for 2027 — a $6.60 monthly difference. Higher-income beneficiaries may also pay IRMAA surcharges.

Medicare IRMAA calculator

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