A man walks by the dairy section at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images New government data showing rising inflation points to a higher Social Security cost-of-living adjustment for 2027, according to new forecasts. The Social Security COLA may be 4.2% amid “sharply rising” gasoline,…
A customer pumps gas into their vehicle on Oct. 24, 2025 in Miami, Florida. Joe Raedle | Getty Images The Social Security cost-of-living adjustment for 2027 could climb higher as new government data shows a jump in inflation and gasoline prices, according to one new estimate. The cost-of-living adjustment, or COLA, could be 3.2% in…
A person holds a sign reading ‘Save Our Social Security’ in support of fair taxation near the U.S. Capitol in Washington, D.C. on April 10, 2025. Tax justice advocates attended a rally to speak out against President Trump’s tax cuts for the wealthy, and to urge members of Congress to intervene. Bryan Dozier | Afp…
A mobile billboard with an image of Jeff Bezos calls for higher taxes on the ultrawealthy, in Washington, May 17, 2021. Drew Angerer | Getty Images In 2026, earnings up to $184,500 are subject to Social Security payroll taxes. As of Monday, individuals with $1 million in annual wage and salary earnings have stopped paying…
Cavan Images | Cavan | Getty Images At the start of 2025, during President Joe Biden’s final weeks in office, lawmakers pushed forward with last-minute major legislation that provides Social Security benefit increases to certain public pensioners. The Social Security Fairness Act was passed with an overwhelming bipartisan majority in both the House and Senate,…
