Social Security 2026 Cost-of-Living Adjustment (COLA) Update: Seniors Could Get a Bigger Boost Than Originally Expected

You're not alone if you were disappointed by Social Security's 2025 cost-of-living adjustment (COLA). The 2.5% benefit increase added just $49 to the average monthly check while many retirees saw their expenses rise by more than this over the last year. That's incredibly frustrating if you depend on your benefits for a significant chunk of your monthly income.Eyes are already turning toward the 2026 COLA with the hope that it'll bring some better news. We're a long way off from knowing the actual number, but the latest projections suggest it might be larger than what experts had originally expected. Whether that's a good or a bad thing depends on your perspective.Image source: Getty Images.Continue reading

Feb 23, 2025 - 00:13
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Social Security 2026 Cost-of-Living Adjustment (COLA) Update: Seniors Could Get a Bigger Boost Than Originally Expected

You're not alone if you were disappointed by Social Security's 2025 cost-of-living adjustment (COLA). The 2.5% benefit increase added just $49 to the average monthly check while many retirees saw their expenses rise by more than this over the last year. That's incredibly frustrating if you depend on your benefits for a significant chunk of your monthly income.

Eyes are already turning toward the 2026 COLA with the hope that it'll bring some better news. We're a long way off from knowing the actual number, but the latest projections suggest it might be larger than what experts had originally expected. Whether that's a good or a bad thing depends on your perspective.

Image source: Getty Images.

Continue reading