India, Aug. 27 -- Nearly 75 million Americans could get another boost in Social Security benefits in 2027, as inflation continues to shape the annual cost-of-living adjustment, or COLA. The possible increase could become the second straight "Trump Bump" for Social Security recipients, with inflation linked to President Donald Trump's policies playing a role in the size of the benefit increase.

Social Security's annual COLA is designed to help Americans keep up with rising costs of essentials such as food, housing and healthcare. The Trump connection comes mainly from inflation. Trump's tariff policies pushed prices higher in 2025, which contributed to the inflation used to calculate the 2026 COLA.

Fresh tariffs are now adding to inflati...