WASHINGTON (AP) — The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not…
(The Hill) -- Social Security and Supplemental Security Income (SSI) benefits will rise 2.8 percent in 2026 after the annual cost-of-living adjustment (COLA), the federal government announced Friday. The Social Security Administration announced the 2026 COLA as the Bureau of Labor Statistics (BLS) released the September consumer price index (CPI)…
WASHINGTON (AP) — The Social Security cost-of-living increase will go up by 2.8% in 2026, which translates to an average increase of more than $56 for retirees every month, agency officials said Friday. The benefits increase for nearly 71 million Social Security recipients will go into effect beginning in January.…