2026 Social Security COLA: Benefits Increase by 2.8% (+$56), But Rising Costs Could Offset the Boost
As the year 2026 approaches, millions of Americans who rely on Social Security benefits are anticipating an increase in their monthly payouts. The Social Security Administration (SSA) has announced a 2.8% Cost-of-Living Adjustment (COLA) for 2026, which will result in a $56 increase in the average monthly benefit. While this increase is welcomed by recipients, … Read more