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American Security Project
Trends
- 1Social Security projected for biggest cost-of-living raise in four years●projected 2027 social security increase
Analysts project Social Security beneficiaries could receive their largest annual cost-of-living adjustment in four years in 2027. The projected increase would mark a notable rebound after several years of smaller raises, affecting tens of millions of retirees, disabled workers and other recipients across the United States who rely on the annual inflation-linked adjustment to keep pace with rising prices.
- 2Lawmakers Weigh Fixes for Social Security Funding Gap▼How Lawmakers Plan to Close Social Security's Funding Gap, and Which Fixes Cost You the Most
Lawmakers are weighing options to close Social Security's projected funding shortfall, and the choices on the table would affect Americans differently depending on income. Proposed fixes reportedly include raising payroll taxes, increasing or eliminating the taxable earnings cap, lifting the full retirement age, and adjusting benefit formulas. Each option shifts costs to different groups: tax increases hit higher earners hardest, while retirement-age changes and benefit cuts spread the burden more broadly across future retirees.