After a delay from the government shutdown, Social Security has announced a 2.8% cost-of-living adjustment (COLA) for 2026, effective January 1, 2026. While retirees appreciate any increase amidst rising inflation, this adjustment surpasses the previous year’s 2.5% COLA. There are ongoing discussions about whether the Social Security Administration should revise its method for calculating the annual COLA. The impact of inflation on daily expenses remains a significant concern for recipients.
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