Although the Social Security Administration (SSA) has confirmed a 2.8% cost-of-living adjustment (COLA) for 2026, the financial impact will not look the same across the country. Even though the percentage increase is identical for all beneficiaries, the actual dollar boost from the 2026 COLA varies greatly depending on where retirees live and the average benefits … Read more
The Social Security cost-of-living adjustment (COLA) for 2026 is set at 2.8%, giving beneficiaries a modest increase in their monthly payments. However, experts warn that the benefit boost may feel smaller than expected due to rising Medicare Part B premiums, which could reduce overall take-home payments by as much as 10%. With nearly 70 million … Read more
The Social Security Administration (SSA) has officially announced a 2.8% Cost-of-Living Adjustment (COLA) for 2026, set to begin in January 2026. This updated COLA 2026 increase is slightly higher than the 2.5% raise provided in 2025, offering a modest boost to more than 70 million Social Security beneficiaries, including retirees, people with disabilities, and survivors. … Read more