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BUSINESSPennLive·1h ago

Social Security’s 2027 COLA announcement coming soon: What to expect, Medicare costs

Photo · Bradley C Bower
AI TLDR · GEMINI

The Social Security Administration is expected to announce the 2027 cost-of-living adjustment (COLA) soon. Experts note that potential increases in Medicare premiums may offset the benefit gains for recipients.

Part of the Social Security increase could be eaten up with higher Medicare costs.

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