What Social Security's 2026 COLA benefit increase means for you
CNBC Televisionยท2025-10-24 17:30
A major COLA announcement is going to impact about 75 million Americans next year. I'm not talking about the soda. I'm talking about the Social Security cost of living adjustment for 2026.Starting in January, if you receive Social Security benefits or supplemental security income payments, you're going to see a 2.8% increase in your monthly benefits. Now, this adjustment is based on government inflation data. And on average, Social Security retirement benefits will increase by about $56 a month next year.So ...