Social Security COLA Update

Social Security COLA Update as New Prediction Announced
In legislative developments, Representative Thomas Massie, a Kentucky Republican, reintroduced a bill last week aimed at completely eliminating income taxes on Social Security benefits—a move first suggested in 2023 and inspired by a proposal from President Donald Trump while on the campaign trail.
Social Security Cost-of-Living Adjustment (COLA) Projected To Shrink Further in 2026
The Senior Citizens League (TSCL), a nonpartisan senior group, recently released their monthly COLA estimate, predicting that it would moderate to 2.1% in 2026.
The Average Benefit of Social Security's Oldest Recipients Might Surprise You
Over 50 million Americans claimed Social Security benefits as of December 2023, with an average monthly check of $1,905.31. Just 53,616 Americans continue to receive retirement benefits until they're 100 or older.
COLA, Social Security benefit increases take effect
Starting in January, Social Security recipients saw a 2.5% increase in their monthly payments as the annual cost of living adjustment (COLA) took effect. Benefits for February were sent out Wednesday. Social Security payments are sent on the second, third and fourth Wednesday of the month, depending on the recipient's birth date.
Social Security's 2025 Cost-of-Living Adjustment (COLA) Is Already Falling Short
Each year's Social Security COLA is based on the inflation data from the prior year's third quarter. So the 2.5% COLA seniors got this month was calculated based on inflation from July through September of 2024. The Social Security Administration made its official 2025 COLA announcement in October.
Social Security COLA could fall in 2026, forecasts say
The nonpartisan Senior Citizens League expects the COLA to be 2.3% for 2026, based on a forecast that inflation will drop throughout the coming year. Another forecast by independent Social Security and Medicare analyst Mary Johnson puts the expected COLA increase at 2.
Bad news for Social Security recipients in latest 2026 COLA projection
The actual cost-of-living-adjustment won't be announced until October, but early predictions say the increase will be a smaller percentage than the 2025 increase.
Social Security's 2026 Cost-of-Living Adjustment (COLA) Is on Pace to Make History... and Still Disappoint
Retired-worker benefits can hit a psychologically important level next year, but seniors are still likely to get the short ...
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Social Security's 2025 COLA Is Now a Reality. Here's How Much it Benefits the Average Senior
When you are on Social ... Security, you can expect your retirement benefits to increase during most years. That’s because Cost of Living Adjustments (COLAs) typically happen automatically ...