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Social Security Now Poised For Big ‘Trump Bump’ in 2027

August 18, 2026 · Personal Finance
An older man sitting at a sunlit kitchen table, marking dates on a paper calendar next to a coffee mug.
An older man marks key dates on his calendar to prepare for upcoming Social Security changes.

The Bottom Line

Social Security’s 2027 COLA is on track to be one of the largest in decades, and unusually, much of that size can be traced back to specific presidential policy decisions — tariffs and a military conflict that disrupted global oil supply — rather than routine economic cycles.

Current estimates point to a COLA in the 3.4% to 3.6% range, which would mark a sixth straight year of raises at or above 2.5% and, notably, the first year since 2023 that the increase in monthly benefits is projected to outpace the rise in Medicare Part B premiums.

Nothing is final until the Social Security Administration’s official October announcement, but for now, the numbers suggest 2027 could deliver retirees both a historically large raise and a rare moment where more of that raise actually reaches their pocket.


This article reflects Social Security and Medicare data and forecasts available as of August 2026. Official 2027 figures will be announced by the Social Security Administration in October 2026.

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91 comments on “Social Security Now Poised For Big ‘Trump Bump’ in 2027”

  1. Francis Robertson says:
    November 6, 2026 at 2:55 pm

    I guess you still have your head up trump’s ass also

    Reply
  2. joseph welles Mr says:
    October 29, 2026 at 5:50 am

    There is some truth to the statement that cola goes up Medicare goes up. The greatest concern today is that the government is allowing the insurance companies to rob our trust funds. For example, having unsuspecting seniors sign up for advantage plans that allow insurance companies to draft funds from your social security. The programs are of short benefits that do very little or nothing as far as health cost goes.

    Reply
  3. Debra Collins says:
    October 29, 2026 at 3:03 am

    Social Security is NOT an entitlement! Everyone that has earned an honest paycheck & payed taxes also payed into social security since 1935 when it was enacted by President Franklin D Roosevelt. It was set up so when a person was getting too old or sick to work 6 days a week they would have an income to fall back on that they had paid into. It is an earned benefit.

    Reply
  4. Debra Collins says:
    October 29, 2026 at 2:52 am

    Every time there is a COLA raise Medicare also raises their deductible so there is no actual raise. If it wasn’t for the advantage plans most of us would be doing without most of the things we actually need. There will be no “Trump Bump” no matter how they try to dress it up. He isn’t going to “give” us anything. He has been taking away everything he can.

    Reply
  5. Melanie Twineham says:
    October 28, 2026 at 1:47 pm

    I’ll believe it when I see it. Just more BS from the man with the golden tongue!

    Reply
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