Many seniors have been disappointed with the “raise” they got from the government. While the Social Security Administration officially announced a 2.8% cost-of-living adjustment (COLA) for 2026, many seniors are finding that their “raise” has vanished before they could even spend a dime. What’s behind it?
Well, it’s Medicare Part B. There was a massive spike in premiums, and your COLA is basically nonexistent as a result. It has left many fixed-income households still struggling to cover the rising costs of… well… everything. Here’s what you need to know about the COLA, premiums, and how to keep as much of your cash in your pockets as possible.
