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Cola 2026

All articles tagged with #cola 2026

economy2 months ago

2026 Social Security and Retiree COLA Set at 2.8%

Starting January 2026, many federal retirees will see a 2.8% COLA increase in their Social Security and retirement benefits, though FERS retirees will receive a smaller 2% increase due to specific adjustment formulas. The increase aims to keep benefits aligned with inflation, but some argue it doesn't fully cover rising costs like health insurance premiums. The announcement was delayed due to a government shutdown, and the actual benefit increases vary based on the type of retirement plan.

economy2 months ago

Social Security 2026 COLA Outlook: Potential Increases and Shutdown Impact

Forecasts for Social Security's 2026 cost-of-living adjustment (COLA) have increased to around 2.7-2.8%, driven by inflation influenced by tariffs, potentially increasing benefits by about $54-$56 per month for the average retired worker. The official COLA will be announced on October 24, despite ongoing government shutdowns, and beneficiaries should review their updated benefits and related changes.

government2 months ago

Social Security and COLA Updates Amid Government Shutdown

The COLA increase for 2026 is set at 2.7%, starting in January, providing a moderate boost to Social Security and SSI benefits to help recipients cope with inflation, with payments scheduled throughout the year and specific adjustments for those receiving both benefits. The increase also affects tax and income thresholds, ensuring financial stability for beneficiaries.

economy3 months ago

Social Security 2026 COLA: Biggest State Gains and Shutdown Impact

The 2026 Social Security Cost of Living Adjustment (COLA) is projected at 2.0%, potentially increasing benefits by about $54 per month for the average retiree, with retirees in states like New Jersey, Connecticut, and Delaware receiving the largest raises due to higher median incomes. The announcement of the COLA has been delayed due to data collection issues caused by the government shutdown, but it is expected to be released before November 1.

economy3 months ago

Top 10 States for Largest Social Security COLA Increases in 2026

The Social Security Administration is expected to announce a 2.7% cost of living adjustment (COLA) for 2026, potentially increasing benefits by about $54 per month for the average retiree, with the largest raises in states like New Jersey, Connecticut, and Delaware. The announcement may be delayed due to the government shutdown, which also impacts SSA operations.

economy3 months ago

2026 Social Security COLA: Key Updates and Impact for Beneficiaries

The Social Security COLA for 2026, expected to be announced in October 2025, will adjust benefits based on inflation data from 2025, helping beneficiaries maintain their purchasing power amid rising living costs. The adjustment depends on factors like inflation trends, energy, healthcare, and housing prices, and will take effect in January 2026. Beneficiaries are advised to stay informed and plan accordingly.