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State Benefits

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Top 10 States for Largest Social Security COLA Increases in 2026
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.