Social Security cost-of-living increase sparks debate over looming funding shortfall
Social Security's 3.6% COLA will raise retirement benefits in 2027, but a projected 2032 trust fund shortfall could trigger 22% cuts without congressional action.
Social Security's 3.6% COLA will raise retirement benefits in 2027, but a projected 2032 trust fund shortfall could trigger 22% cuts without congressional action.
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