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Major Social Security change could cost some workers $967 a year

Leila Ahmed
Reporter · Tuesday, November 3, 2026 at 12:00 PM · 1 min read
Major Social Security change could cost some workers $967 a year — Ithaca Community news

The Social Security Administration recently announced a 3.6% cost of living adjustment in 2027 - the highest figure in four years. Tucked away in that announcement was another – and costlier - change for high earners.

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