2026 Social Security COLA announcement delayed by government shutdown

1 min read
Source: AP News
2026 Social Security COLA announcement delayed by government shutdown
Photo: AP News
TL;DR Summary

The government shutdown has delayed the announcement of the 2024 Social Security COLA, now expected on October 24, affecting millions of beneficiaries and highlighting concerns about the adequacy of the increase amid rising costs and proposed legislative changes to better reflect older Americans' expenses.

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