The cost-of-living adjustment figure for Social Security benefits typically would have been released Oct. 15 under normal circumstances. But the government shutdown triggered a delay.

In 2025, more than 72.5 million people saw a 2.5% COLA hike for their Social Security and Supplemental Security Income benefits.

The cost-of-living boost for Social Security beneficiaries will land at 2.8% in 2026, based on new data from a much anticipated but delayed September inflation report released Friday, Oct. 24.

The Social Security Administration confirmed the 2.8% figure via the social media platform X on Friday morning. On average, according to Social Security, retirement benefits will increase by about $56 a month starting in January.

It adds up to $672 a year.

It's nothing close to the dram

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