skinny.

Latest / Durham News Today | 2 Min News | The Daily News Now!

Social Security COLA Projections 2027 | Durham News

Social Security’s next cost-of-living adjustment is being hotly debated, with early forecasts predicting either a 4.7% or 3.8% bump for January 2027 — up from last year’s 2.8%. The decision hinges on inflation data collected between July and September, and soaring gas prices are pushing projections higher. But here’s the catch: even a bigger raise won’t magically ease financial strain. With healthcare costs — especially Medicare premiums — rising faster than COLA adjustments, many seniors could see their net income shrink. A 4.7% raise might be offset by a 10% jump in Part B premiums, leaving…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.