Author: Pankaj Agrrawal, Professor of Finance, University of Maine

Social Security benefits will rise 3.6% in 2027, but that may not be enough to offset healthcare costs

Pankaj Agrrawal, Professor of Finance, University of MaineLeave a Comment on Social Security benefits will rise 3.6% in 2027, but that may not be enough to offset healthcare costs

Monthly checks for the nearly 76 million Americans who receive Social Security benefits will rise by 3.6% in 2027. The increase, announced on Oct. 14, 2026, is the largest since the one that took effect in 2023. This cost-of-living adjustment, or COLA, is how the government tries to make sure that the value of Social […]

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Social Security benefits are rising again, but probably not enough to offset healthcare costs

Pankaj Agrrawal, Professor of Finance, University of MaineLeave a Comment on Social Security benefits are rising again, but probably not enough to offset healthcare costs

The nearly 76 million Americans who receive Social Security benefits are slated to find out on Oct. 14, 2026, how much their monthly check will rise. This cost-of-living adjustment, or COLA, is how the government tries to make sure that the value of Social Security benefits keeps up with inflation. Without it, the same payment […]

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