Here's What This Estimate of Social Security's 2026 Cost-of-Living Adjustment (COLA) Would Mean for the Average Check
If you're on Social Security, all the speculation about rising costs due to tariffs is pretty unnerving. Your checks may be your primary source of retirement income, and unless you're really lucky, you only see one benefit increase per year.The next cost-of-living adjustment (COLA) won't take effect until 2026, but the official announcement will come in Oct. 2025. That's still a ways off, but it hasn't stopped people from trying to estimate what it might be so they can plan for the future. Here's what the latest projections suggest might happen to the average Social Security benefit next year.Image source: Getty Images.Continue reading
If you're on Social Security, all the speculation about rising costs due to tariffs is pretty unnerving. Your checks may be your primary source of retirement income, and unless you're really lucky, you only see one benefit increase per year.
The next cost-of-living adjustment (COLA) won't take effect until 2026, but the official announcement will come in Oct. 2025. That's still a ways off, but it hasn't stopped people from trying to estimate what it might be so they can plan for the future. Here's what the latest projections suggest might happen to the average Social Security benefit next year.
Image source: Getty Images.
