Social Security Benefits and Taxes to Rise in 2026 Amid Tariff Concerns

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Source: The Motley Fool
Social Security Benefits and Taxes to Rise in 2026 Amid Tariff Concerns
Photo: The Motley Fool
TL;DR Summary

Social Security benefits will see a 2.8% increase in 2026, the highest in years, but this may still be insufficient due to inflation driven by Trump's tariffs, which have caused prices to rise faster than the COLA accounts for, especially in housing and medical care.

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