1. Social Security’s 2026 cost-of-living adjustment (COLA) has gone into effect, the first time in nearly three decades.
  2. Rising expenses may offset some or all of this year’s COLA for tens of millions of beneficiaries.
  3. Monthly Social Security benefits have just increased due to a historic COLA adjustment.
  4. 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.
  5. 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