over65? Social Security's Biggest Raise Since 2023 Is On Track — But 4 Dates Decide What You Keep

Over 65 and living on your Social Security check? The 2027 raise is on track to be the biggest since 2023 — but four dates between now and January decide how much of it you actually keep. ⏱️ Chapters 0:00 The raise on the news vs. the raise in your bank account 1:18 Date 1 — October 14: the raise is announced 3:04 Date 2 — November: what Medicare takes back 4:50 Date 3 — Your December letter (and a tax rule from 1983) 6:26 Date 4 — When the money arrives (some get it December 31) 7:29 The honest part + your 4 dates 📅 The 4 dates: 1. October 14 — the 2027 raise (COLA) is scheduled to be announced. Current forecasts: about 3.4% to 3.5% (The Senior Citizens League projects 3.5%). On a $2,000 check, that is about $70 more a month. 2. November — Medicare announces the 2027 Part B premium. Now $202.90; the Trustees project about $209.50. The "hold harmless" rule protects most retirees whose premium is taken from their check. 3. Late November–December — your personal COLA notice (online first, then by mail). Check 3 lines: benefit before deductions, Medicare, federal tax withheld. Plus: the $25,000 / $32,000 lines that decide when Social Security becomes taxable were set in 1983 and have never been adjusted for inflation. 4. January 13, 20 or 27, 2027 — your first check with the raise. SSI, SS + SSI, and people who started benefits before May 1997: Thursday, December 31, 2026. ⚠️ Social Security says it will never ask for sensitive or personal information through social media, email or text. 📅 On October 14 we'll post the official number and run the math the same day. Subscribe so you don't miss it — and share this with someone who lives on Social Security. All figures are estimates or projections until the official announcements. Sources: SSA (CPI-W data, COLA history, payment schedule), BLS, The Senior Citizens League, 2026 Medicare Trustees Report, CMS, IRS Publication 915, Axios. This video is for general education only. It is not personalized financial or tax advice. Some footage and narration in this video are AI-generated / synthetic.