US EditionSocial Security Administration announces 2026 COLA benefit increase of 2.8%
The 2.8% cost-of-living adjustment will raise average monthly Social Security benefits by $56 to help offset inflation, benefiting 75 million Americans in 2026, the SSA said.
- On July 18, the Social Security Administration announced a 2.8% COLA for 2026, affecting payments for 75 million Americans in the United States.
- COLA calculations use inflation data, with the SSA announcing the 2026 increase based on government inflation figures.
- SSA announced a 2.8% increase, with officials saying it results in an average rise of more than $56 per month for retirees, covering Social Security and SSI beneficiaries.
- The adjustment immediately recalibrates beneficiaries' purchasing power, as SSA officials say it ensures payments keep pace with rising costs and inflation.
- The change affects an estimated 75 million Americans, federal officials said, illustrating how COLA links inflation readings to benefit adjustments.
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2.8% Boost Set for Social Security in 2026
The Social Security Administration on Friday announced a 2.8 percent cost-of-living adjustment for 2026, affecting benefits for 75 million Americans receiving Old-Age, Survivors and Disability Insurance and Supplemental Security Income payments. The increase, effective January 2026 for most recipients, will raise the average monthly Social Security retirement benefit by $56, from $2,015 to $2,071. Nearly 71 million Social Security beneficiaries …
It’s official: Social Security payments rising in 2026 — here’s the exact boost you will get
Social Security payments will rise in 2026 with a 2.8% cost-of-living increase. Retired seniors and disabled workers will get more money each month, but higher living costs and rising Medicare premiums may reduce the benefit impact. Experts say the COLA helps fight inflation, but many seniors may still struggle to cover housing, healthcare, and daily expenses.
Social Security Sets Cost-of-Living Increase. Here’s How Much It Will Go Up
Social Security benefits are set to increase by 2.8% starting in JanuaryGetty Stock photo of a Social Security card and moneyNEED TO KNOWSocial Security benefits and Supplemental Security Income (SSI) payments for 75 million Americans will increase 2.8% in 2026Social Security retirement benefits are set to increase by about $56 per month, on average, starting in JanuaryThe announcement followed the release of September 2025 inflation data, which…
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