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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Here's what your Social Security COLA could be in 2026
(NewsNation) — With inflation on the rise, retirees are likely to see a bump in their Social Security checks next year that's larger than previously expected. A new estimate from the Senior Citizens League puts Social Security's cost-of-living adjustment, or COLA, at 2.7% in 2026 — slightly above this year's 2.5% increase. That projection is based on the latest inflation data and would raise the average monthly benefit for retired workers by $54…
Social Security Cost-of-Living Adjustment Will Be Slightly Higher Than Last Year’s, Group Predicts
The projected cost-of-living adjustment (COLA) for Social Security recipients next year will likely be slightly higher than the 2.5 percent COLA that was implemented for 2025’s payments, according to The Senior Citizens League (TSCL). The group said that its modeling, which factors in consumer price index data that was released on Sept. 11, shows that the COLA will be 2.7 percent for next year. “That’s the same as last month’s projection” and it…
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