Social Security, Government Shutdown
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Social Security Benefits Get a COLA in 2026. Here's the Best and Worst Scenario for Retirees.
Even in the best-case scenario, retired workers may be disappointed with Social Security's 2026 cost-of-living adjustment (COLA).
Next year's COLA is likely going to come in above the most recent pay bump for retirees. With most of the data available for calculating the COLA, we have a good idea of what to expect. Seniors can still watch various factors to get a better idea of how big next year's benefits bump will be.
Seniors may see only a small bump in Social Security next year. The Senior Citizens League (TSCL) expects a 2.7% cost-of-living adjustment (COLA) for 2026, while inflation is still close to 2.9%, leaving little real gain.
Social Security's announcement of its 2026 cost-of-living increase might be delayed by the government shutdown.
As inflation continues to challenge retirees, the call to adopt the Consumer Price Index for the Elderly (CPI-E) for Social Security adjustments gains momentum. This shift could better align benefits with the actual costs faced by seniors,
If you're on benefits or expect to claim soon, it's only natural to feel a little anxious when you hear that yet more Social Security changes are on the way on Oct. 15, 2025. But some of these changes could work in your favor. Here are the five biggest ones to expect.
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Top 3 Reasons a Higher COLA Is a Problem for Your Retirement Budget
The Social Security Cost of Living Adjustment (COLA) aims to shield benefits from inflation. However, a higher COLA often signals underlying issues that threaten retirees' financial stability.