Social Security COLA and Benefits Updates Amid Government Shutdown
TL;DR Summary
The Social Security Administration's annual COLA announcement for 2026, originally scheduled for October 15, will be delayed due to the government shutdown, with the new date set for October 24, coinciding with the release of September CPI data. The expected increase in benefits is around 2.7%, which may slightly raise monthly payments for retirees, but ongoing inflation pressures could impact the real value of these benefits.
Topics:business#2026-benefits#cost-of-living-adjustment#economy#government-shutdown#inflation#social-security
- Government shutdown delays Social Security's cost-of-living announcement. Here's what to know. CBS News
- Social Security COLA for 2026: Agency confirms when to expect announcement CNBC
- Social Security Benefits Could Get Boost from Trump Tariffs Newsweek
- How the government shutdown is impacting Social Security services in Wisconsin Milwaukee Journal Sentinel
- Seniors, mark your calendars! 2026 Social Security COLA announcement finally has a date USA Today
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 3 min read
Condensed
88%
547 → 66 words
Want the full story? Read the original article
Read on CBS News