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
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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.