Social Security COLA for 2026 Announced After Government Shutdown Delay

The release of the 2026 cost-of-living adjustment was postponed due to a federal government shutdown but has now been made public.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • COLA (Cost-of-Living Adjustment): An annual increase in Social Security benefits designed to offset inflation and preserve beneficiaries’ purchasing power.
  • Social Security: A U.S. federal program providing retirement, disability, and survivor benefits funded through payroll taxes.