Social Security beneficiaries must wait 17 more days for the official announcement of their 2026 cost-of-living adjustment (COLA) on Oct. 15, 2025. The Senior Citizens League predicts a 2.7% increase, slightly higher than 2025’s 2.5% adjustment, with an average monthly increase of $54. The Social Security Administration awaits the U.S. Bureau of Labor Statistics’ September inflation data to calculate the COLA based on the Consumer Price Index for Urban Wage Earners and Clerical Workers. However, retirees may not see the full benefit increase due to an anticipated 11.6% rise in Medicare Part B premiums, potentially offsetting the COLA increase.

Read more at Nasdaq Inc.: Social Security COLA Countdown: Here’s How Big of an Increase You Can Expect