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Social Security recipients will get a 3.6% cost-of-living increase in 2027

Photo: Business Insider

What happened

The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027. Average monthly checks for beneficiaries will increase by $75.

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Business InsiderBusiness Insider
  2. Quartz started reportingQuartz

Sources