Social Security recipients are getting a raise. Specifically, benefits will increase by 2.8% in 2026, due to a cost-of-living adjustment (COLA), according to the Social Security Administration (SSA).
The official Social Security cost-of-living adjustment (COLA) for 2027 won't be announced until mid-October, but the Senior Citizens League (TSCL) is forecasting it will be 3.9%. That would bump the ...
To account for inflation, the Social Security Administration makes an annual cost-of-living adjustment (COLA) to benefits for the following year. The agency determines the COLA by reviewing the ...