2026 Social Security COLA Announcement and Impact of Government Shutdown
TL;DR Summary
The US government announced a projected 2.7% to 2.8% increase in Social Security and SSI benefits for 2026, starting January, to help beneficiaries cope with inflation, with additional one-time payments of $2,000 in October 2025. However, rising Medicare premiums and other factors may offset the benefit increase.
Topics:business#benefits-increase#cola-2026#government#inflation-adjustment#medicare-premiums#social-security
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