Social Security is around 90 years old. And for many decades, the program has been instrumental in helping older Americans stay afloat financially. Even though Social Security has been around for a long time,

Social Security payments are expected to experience a modest increase in 2026, with an estimated rise of 2.5%, based on the most recent cost-of-living adjustment (COLA) projections. These projections are influenced by current inflation rates and the consumer price index (CPI),