How much could a Medicare hike trim retirees’ Social Security raise? — Live Feedhttps://www.live-feeds.com/feed/how-much-could-a-medicare-hike-trim-retirees-social-security-raiseContinuously updated, source-cited coverage. Social Security Announces 3.6 Percent Benefit Increase for 2027https://www.live-feeds.com/feed/how-much-could-a-medicare-hike-trim-retirees-social-security-raisehttps://www.live-feeds.com/feed/how-much-could-a-medicare-hike-trim-retirees-social-security-raise#u144351Wed, 21 Oct 2026 21:12:24 +0000The Social Security Administration has set the 2027 cost-of-living adjustment (COLA) at 3.6 percent. This increase applies to retirees and veterans, though the bump is slightly lower than the 3.9 percent inflation rate reported for September. While the raise will push some retired couples to annual benefits exceeding $100,000, the increase has drawn criticism from Senator Elizabeth Warren, who claimed a $75 raise barely covers a tank of gas. The announcement comes amid ongoing debates regarding a looming funding shortfall for the program.Why it mattersCOLAs are annual adjustments designed to e