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Social Security’s 2026 cost-of-living raise may hit 2.7%, but a sharp rise in Medicare premiums could erase most gains.
While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies.
The final adjustment won’t be confirmed until October, after the Bureau of Labor Statistics releases inflation data for July, August and September. But the recent bump continues a trend: The Senior ...
A 2.6 percent increase would raise the average Social Security payment for retired workers from $1,980.86 (as of February 2025) to $2,032.36 in 2026, an increase of $51.50. Social Security COLAs take ...
Each year, a cost-of-living adjustment (COLA) is applied to Social Security benefits to help account for rising living expenses, and this year's COLA was 2.5%. Many are seeing their bills increase ...
The cost-of-living adjustment (COLA) for Social Security payments in 2026 could increase by 2.6 percent, according to a new ...