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Social Security COLA may be higher in 2026, new estimate shows

A 2.7% to 2.8% Social Security cost-of-living adjustment is expected in 2026, increasing average monthly benefits by about $54 before Medicare premiums reduce this gain.

  • Social Security recipients may see a 2.8% rise in monthly checks next year, based on recent inflation data and forecasts from the Social Security Administration.
  • Poverty among seniors has risen from 14.2% to 15% in 2024, marking the only age group to experience an increase, as reported by the Census Bureau.
  • Claire Casey, President of the AARP Foundation, noted that nearly a million more seniors fell into poverty in 2024, indicating a need for improved financial security.
  • Analysts predict a significant impact from Medicare payments on the cost-of-living adjustment to be revealed in October by the Social Security Administration.
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Social Security COLA may be higher in 2026, new estimate shows

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CNBC broke the news in United States on Thursday, September 11, 2025.
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