Social Security benefits to rise 3.6% in 2027

Louisiana residents receiving Social Security will see a 3.6% cost-of-living increase in 2027, with the average retired worker’s monthly benefit rising by approximately $75, according to the Social Security Administration. The adjustment will begin with January payments for nearly 72 million Social Security beneficiaries nationwide. Increased Supplemental Security Income payments for approximately 7.3 million recipients will begin Dec. 31, 2026. About 76 million people will receive the adjustment across the two programs. Some receive both Social Security and SSI, so the individual program totals overlap. Social Security announcement The estimated average monthly retirement benefit will increase from $2,095 to $2,170. For an aged couple with both spouses receiving benefits, the estimated average combined payment will rise from $3,238 to $3,355. The estimated average monthly benefit for disabled workers will increase from $1,642 to $1,701.

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