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GOBankingRates
GOBankingRates
Fiona Tapp

2026 Social Security COLA Will Increase Benefits About $56 a Month

Social Security Inflation Social Security Administration The Senior Citizens League
Prostock-Studio / iStock.com

Millions of Americans receiving Social Security will see a modest bump in their monthly payments next year. The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026, translating to an average increase of about $56 a month for retirees.

Explore More: 3 Little-Known Social Security Rules That Could Save You Thousands

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