The Brief
Social Security recipients’ monthly checks will likely be higher next year with the cost-of-living adjustment, or COLA, but the increase may not cover the full effects of rising inflation, a leading senior advocacy group says.
According to the latest estimate from The Senior Citizens League , inflation data from July marks the sixth consecutive month of higher COLA predictions for next year.
Social Security COLA 2026
What they're saying:
"With the COLA announcement around the corner, seniors across America are holding their breath," TSCL Executive Director Shannon Benton said in a statement. "While a higher COLA would be welcome because their monthly benefits will increase, many will be disappointed … Many seniors believe the COLA does not actually capture the inflation