US EditionSocial Security Benefits to Increase by 2.8% for 75 Million People in 2026
The 2.8% increase will raise average monthly retirement benefits by $56 and boost Supplemental Security Income federal payment standards for 7.5 million recipients, Social Security officials said.
- On Friday, the Social Security Administration announced a 2.8% COLA for 2026 affecting nearly 71 million beneficiaries in January and nearly 7.5 million SSI recipients on Dec. 31.
- The COLA is calculated based on third-quarter inflation metrics and delayed last week by the federal government shutdown; it follows a 2.5% COLA in 2025 with a decade-long average near 3.1%.
- Monthly payments for retired workers will rise by about $56 to an estimated average of $2,071 starting in January, with maximum taxable earnings increasing to $184,500 and SSI federal payment standards to $994 for individuals and $1,491 for couples.
- Advocates warn that the forecasted increase in Medicare Part B premium to more than $3,208 from $2,071 could offset much of the COLA, eroding nearly half the benefit for beneficiaries.
- Many retirees note benefits have lost 20% of their buying power since 2010, and SSA will mail notices in early December, with advocates calling for a better COLA formula, according to The Senior Citizens League and AARP.
16 Articles
16 Articles
Americans on Social Security Will See 2.8% Benefits Boost Next Year
(Just The News)—More than 70 million Americans receiving Social Security benefits will see a 2.8% cost-of-living adjustment beginning Jan. 2026. The Social Security Administration made the announcement following the release of Consumer Price Index inflation data, which showed that inflation rose at an annual rate of 3% in September. “Social Security is a promise kept, and the annual cost-of-living adjustment is one way we are working to make su…
Social Security benefits to increase by 2.8% for 75 million people in 2026
The Social Security Administration announced on Friday that Social Security benefits for 75 million Americans will be increasing by 2.8% in 2026. This includes Old-Age, Survivors, and Disability Insurance, as well as Supplemental Security Income payments.Beginning in January, on average, Social Security retirement benefits will increase by about $56 per month, as indicated in a press release by Social Security.
Social Security Administration Announces 2026 Cost-of-Living Adjustment
The United States Social Security Administration (SSA) announced Friday that beneficiaries will be receiving a 2.8 percent cost-of-living adjustment (COLA) next year. These increases will impact payments being sent out through Old-Age, Survivors, and Disability Insurance (OASDI) — which is what most people think of traditional Social Security benefits — as well as the Supplemental [...] The post Social Security Administration Announces 2026 Cost…
Social Security's 2026 Cost-of-Living Adjustment Is Official. Here's How Much Benefits Will Increase.
Key PointsSocial Security benefits are eligible for a cost-of-living adjustment (COLA) every year.This year's COLA announcement was delayed due to the government shutdown. While retirees should now have a sense of how much their benefits are rising, there's still a missing piece to the puzzle. The $23,760 Social Security bonus most retirees completely overlook › There's a reason that seniors on Social Security had Oct. 15 marked on their calenda…
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