Social Security Benefits Get a Historic COLA in 2026 — It May Be Too Small for Retirees
Retired workers on Social Security may feel like they have a little less benefit income next year despite receiving a historic cost-of-living adjustment (COLA).
On Oct. 24, the Social Security Administration announced the official cost-of-living adjustment (COLA) for 2026 despite the government shutdown. Retired workers and other recipients will receive an additional 2.8% in benefits next year to offset rising prices across the economy.