Social Security COLA to Rise, But May Not Keep Pace With Inflation

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Social Security COLA to Rise, But May Not Keep Pace With Inflation
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A leading senior advocacy group predicts a 2.7% cost-of-living adjustment for Social Security recipients in 2026, but warns that the increase may not fully offset the impact of rising inflation.

Social Security recipients’ monthly checks will likely be higher next year with the cost-of-living adjustment, or COLA , but the increase may not cover the full effects of rising inflation, a leading senior advocacy group says. According to the latest estimate from The Senior Citizens League, inflation data from July marks the sixth consecutive month of higher COLA predictions for next year.

"Our research shows a statistically significant connection between convenient access to health care and entertainment services and seniors who are more satisfied with their current lives. Seniors with free or subsidized access to public transport also report higher life satisfaction.

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