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Message
SS COLA-Taking a Dip= Bad News
Posted on 8/30/26 at 8:33 am
Posted on 8/30/26 at 8:33 am
These horrible financial new sites.....Bad News inflation may dip and affect peoples SS beneifts. SMH...This from Motley Fool.
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The 2027 Social Security COLA Forecast Has Taken a Dip, and More Bad News Could Be on the Way
The 2027 Social Security cost-of-living adjustment (COLA) estimate has fallen slightly, and further projections may also come in lower than expected if inflation remains steady or falls over the next couple of months. That could lead to a smaller benefit boost for seniors than they were expecting.
We won't know for sure until the official 2027 COLA announcement on Oct. 14, 2026. But it might be worth bracing yourself for a smaller benefit increase next year, just in case.
LINK
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The 2027 Social Security COLA Forecast Has Taken a Dip, and More Bad News Could Be on the Way
The 2027 Social Security cost-of-living adjustment (COLA) estimate has fallen slightly, and further projections may also come in lower than expected if inflation remains steady or falls over the next couple of months. That could lead to a smaller benefit boost for seniors than they were expecting.
We won't know for sure until the official 2027 COLA announcement on Oct. 14, 2026. But it might be worth bracing yourself for a smaller benefit increase next year, just in case.
LINK
Posted on 8/30/26 at 8:39 am to ItzMe1972
If you rely on COLA on SS to make ends meet, well let’s just say you may want to regret taking extremely expensive vacations or buying a new car every couple of years.
No sympathy from me.
No sympathy from me.
Posted on 8/30/26 at 9:26 am to ItzMe1972
COLA adjusting down from 3.8% to 3.6%, because inflation is going down during the computation period for annual COLA figures (which is convoluted- go check how it's actually computed).
It it bleeds... it leads. Fear porn.
It it bleeds... it leads. Fear porn.
Posted on 8/30/26 at 9:33 am to BestBanker
Thank the Lord that decrease will put so many in a lower tax bracket. Oh wait, I forgot POTUS Trump removed taxes on SS!!
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