U.S. Social Security Changes for 2027

The U.S. Social Security Administration has published the 2027 Cost-of-Living Adjustment (COLA) Fact Sheet, including the Social Security Changes for 2027. For both employers and employees, the rate for the Social Security portion (OASDI) remains 6.20%, and the rate for the Medicare portion remains 1.45% (7.65% combined rate). For the self-employed, the OASDI rate remains 12.4%, and the Medicare rate remains 2.9% (15.30% combined rate). Further, for individuals with earned income of more tha…