HUNTSVILLE, Ala. (WAFF) –
Social Security recipients could see a cost-of-living adjustment of between 3.4% and 3.6% in 2027, according to financial adviser Jay McGowan of The Welch Group.
The estimate is based on inflation data and is not yet final.
Estimate based on months of inflation data
The adjustment comes from inflation data from June through September, and that period is not yet complete. McGowan said inflation has cooled slightly in recent months and the adjustment is trending toward about 3.5%…