Editor’s note: The following is from the Social Security website.
Cost-of-Living Adjustment (COLA) Information for 2027
Social Security and Supplemental Security Income (SSI) benefits for 76 million Americans will increase 3.6 percent in 2027.
The 3.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 72 million Social Security beneficiaries in January 2027. Increased payments to about 7.3 million SSI recipients will begin on December 31, 2026. (Note: Some people receive both Social Security and SSI benefits.)
Read more about the Social Security Cost-of-Living adjustment for 2027.
The maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $192,300.
The earnings limit for workers who are younger than full retirement age (see Full Retirement Age Chart) will increase to $25,560. (We deduct $1 from benefits for each $2 earned over $25,560.)
The earnings limit for people reaching their full retirement age in 2027 will increase to $67,920. (We deduct $1 from benefits for each $3 earned over $67,920 until the month before the worker turns full retirement age.)
There is no limit on earnings for workers who are full retirement age or older for the entire year.
Read more about the COLA, tax, benefit and earning amounts for 2027.
View Your COLA Notice Online
In late November 2026, Social Security COLA notices will be available online to most beneficiaries in the Message Center of their my Social Security account.
This is a secure, convenient way to receive COLA notices online and save the message for later. You can also choose to receive available notices online instead of by mail when you sign in or create a personal my Social Security account.
