Social Security Benefits and COLA Updates for 2026

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Source: Yahoo Finance
Social Security Benefits and COLA Updates for 2026
Photo: Yahoo Finance
TL;DR Summary

Social Security benefits will see a historic 2.8% COLA in 2026, the highest in 40 years, driven by inflation exacerbated by President Trump's tariffs, but this increase may still not fully offset rising housing and medical costs for retirees.

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