- Social Security’s 2026 cost-of-living adjustment (COLA) has gone into effect, the first time in nearly three decades.
- Rising expenses may offset some or all of this year’s COLA for tens of millions of beneficiaries.
- Monthly Social Security benefits have just increased due to a historic COLA adjustment.
- The 2026 raise is the first time in almost three decades that Social Security’s COLA has risen by at least 2.5% for five consecutive years.
- Although Social Security recipients will see increased benefits, rising expenses like Medicare premiums may offset the COLA for many retirees.
Read more at Nasdaq: Ka-Ching! Monthly Social Security Benefits Just Increased for Retired Workers, Survivors, and Workers With Disabilities
