Social Security's 2026 Cost-of-Living Adjustment (COLA) Could Be Higher Than 2025's. But Retirees Shouldn't Want That
When the Social Security Administration (SSA) announced last October that seniors would be getting a 2.5% cost-of-living adjustment (COLA), a lot of older Americans weren't happy. The reality is that, historically speaking, a 2.5% Social Security COLA isn't terrible. But in the context of more recent COLAs, it's small.At this point, though, seniors have been living with their 2.5% COLA for a couple of months. Now, retirees are looking ahead to 2026 and hoping for better news on the COLA front.Image source: Getty Images.Continue reading
When the Social Security Administration (SSA) announced last October that seniors would be getting a 2.5% cost-of-living adjustment (COLA), a lot of older Americans weren't happy. The reality is that, historically speaking, a 2.5% Social Security COLA isn't terrible. But in the context of more recent COLAs, it's small.
At this point, though, seniors have been living with their 2.5% COLA for a couple of months. Now, retirees are looking ahead to 2026 and hoping for better news on the COLA front.
Image source: Getty Images.
