Wednesday, 14 October 2026 Updated 2 min ago
The News Engine
Breaking
Business United States

Trump administration promises social security recipients 3.6% increase in 2027

Nearly 72 million social security beneficiaries will see higher payments beginning in January 2027, while approximately 7.3 million supplemental security…

Image accompanying the story: Trump administration promises social security recipients 3.6% increase in 2027
Image: Photograph: Nam Y Huh/AP · via The Guardian

The Guardian reports: Nearly 72 million social security beneficiaries will see higher payments beginning in January 2027, while approximately 7.3 million supplemental security income (SSI) recipients will receive increased payments starting on 31 December 2026, according to the Social Security Administration.

This business story centres on the United States. Names and organisations mentioned in the coverage include Social Security Administration, Americans and SSI.

Why it matters

Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
United States · Americas
Reported by
The Guardian
First reported
Key names
Social Security Administration, Americans, SSI, Social
Section
Business

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Guardian

Spotted an error? Request a correction · How this summary was produced

Related Stories