FROM DAILY MAIL: Social Security benefits for seniors will rise 2.8 percent in 2026, agency officials announced Friday.
Starting in January, the average monthly check for the nearly 71 million Social Security recipients will be around $2,064, up $56 from this year.
The cost-of-living adjustment, or COLA, is an annual uplift to payments which is designed to keep up with inflation.
The COLA for 2026 is higher than in 2025, when recipients received a 2.5 percent boost to payments, and is about average from a historical standpoint.
Still, senior advocates warn that the increase is not enough.
“The 2026 COLA is going to hurt seniors,” said Shannon Benton, executive director of nonpartisan group The Senior Citizens League (TSCL).
In the past 12 months, prices rose 3 percent, according to September’s inflation report.
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