The COLA is called a raise because it results in a retiree’s monthly benefits check getting bigger. The purpose of it is to ...
Social Security and Supplemental Security Income payments will increase by 2.8% in 2026 due to the cost-of-living adjustment. Social Security retirement benefits for January will be paid on Wednesdays ...
The historic rise is also "laughably misaligned" and "woefully insufficient," according to experts.
Social Security benefits increase 2.8% in 2026 for 71 million beneficiaries. SSI recipients get their COLA increase on December 31, 2025. Other beneficiaries receive it in January. Medicare premiums ...