In just a few weeks, nearly 73 million people receiving Social Security benefits will learn of a change coming to their payments.

Every year, the Social Security Administration assesses a Cost Of Living Adjustment which is announced in October and then put into effect the following January.

According to the Social Security Administration , the actual increase is determined by the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from July to September of the current year.

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While the official COLA increase has not been announced for 2026 yet, bi-partisan group T he Senior Citizens League , predicts the increase will be about 2.7% , which is sl

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