Social Security COLA may be higher in 2026, new estimate shows
Social Security beneficiaries may see a 2.7% to 2.8% cost-of-living adjustment in 2026, potentially increasing average monthly benefits by about $54 to $55, but Medicare premiums may offset gains.
- 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 Will Permanently Change on Sept. 30, With 5 Additional Changes a Near-Certainty on Jan. 1 @themotleyfool #stocks
Key PointsSocial Security is a dynamic program, with changes undertaken on a near-annual basis.An executive order from President Trump will completely alter how benefits are paid to more than 500,000 beneficiaries. Five additional Social Security changes are expected when the calendar turns to 2026, including a potentially record-setting (for this century) cost-of-living adjustment.The $23,760 Social Security bonus most retirees completely overl…
A new estimate from analysts points out that the Social Security COLA for 2026 would be 2.8%: Medicare could blur any increase in benefits
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…
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