Explore the latest developments concerning Social Security cost-of-living.
Social Security cost-of-living adjustment for 2026: Why some retirees 'wish it would be more'
Social Security and Supplemental Security Income beneficiaries will soon find out how much their benefit checks will increase next year.
Due to the federal government shutdown, the Social Security 2026 cost-of-living adjustment announcement, initially scheduled for Oct. 15, has been postponed to Friday. Nearly 75 million beneficiaries will see the COLA reflected in their January checks.
Experts have estimated the Social Security COLA for 2026 may be in the range of 2.7% to 2.8%, based on the latest available consumer price index data. That's in line with the long-term average. But for retirees and other beneficiaries who rely on their benefit payments to cover essential expenses, the size of the increase might not ease their struggle with higher prices.
Social Security COLA Increase Prediction Sparks Warning From Senior Group
A senior group is warning once again that Social Security’s cost-of-living adjustment won’t be enough for the average senior citizen next year.
The Senior Citizens League is predicting a 2.7 percent COLA for 2026. While this would be a slight increase from the 2.5 percent boost seniors got this year, the organization said seniors are facing inflation on everyday items that far surpass the increase.
Around 70 million Americans receive Social Security payments each month, and seniors make up a large share of them.
The COLA is used to adjust their benefits based on the inflation Americans are experiencing, but there has long been criticism that the way the government calculates the adjustment doesn’t reflect the full inflationary pressures that seniors experience.
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Social Security Payment Schedule for 2026
Find out when you can expect your 2026 Social Security payments and the date you get paid when your scheduled day falls on a holiday.
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When you receive your 2026 Social Security payment is determined, with a few exceptions, by your date of birth. However, if you received Social Security before May 1997 or are receiving both Social Security & SSI, Social Security is paid on the 3rd and SSI on the 1st. If your payment date falls on a federal holiday or weekend, you can expect to receive that month’s payment on the weekday immediately prior.
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