Social Security 2026 COLA Increase Set at 2.8% for Beneficiaries
TL;DR Summary
The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026, increasing monthly benefits by about $56 on average, to help beneficiaries keep pace with inflation, which rose 3% in September. Despite this increase, many seniors feel the adjustment is insufficient to cover rising costs, and poverty among seniors is increasing. The COLA is based on the CPI-W index, which some argue does not fully reflect seniors' expenses.
- Social Security sets its 2026 COLA increase at 2.8%. Here's what that means for your benefits. CBS News
- Social Security COLA for 2026 revealed following shutdown-related delay Fox Business
- Social Security Announces a 2.8% Cost-of-Living Increase for Beneficiaries The New York Times
- Social Security Announces 2.8 Percent Benefit Increase for 2026 | SSA Social Security Administration (.gov)
- Social Security cost-of-living adjustment for 2026: Why some retirees 'wish it would be more' CNBC
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