Despite an underwhelming 2.8% COLA that probably won’t keep pace with inflation, Social Security recipients have something to look forward to in 2026. The One Big Beautiful Bill Act includes a temporary provision for a Social Security “bonus” that qualified beneficiaries will receive as a tax deduction through 2028.
This deduction gives Social Security recipients a golden opportunity to invest those savings to generate income and help them keep up with rising prices. Here’s how:
