Social Security 2026 COLA Announcement Delayed by Government Shutdown

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Source: ABC News - Breaking News, Latest News and Videos
Social Security 2026 COLA Announcement Delayed by Government Shutdown
Photo: ABC News - Breaking News, Latest News and Videos
TL;DR Summary

The announcement of the 2024 Social Security cost-of-living adjustment (COLA) has been delayed due to the ongoing government shutdown, which also affects the timing of benefit increases and highlights concerns about rising costs and the adequacy of current COLA calculations, with proposals to change the index used to better reflect older Americans' expenses.

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