Story perspectives

Social Security Set for 2.8% Increase Amid Inflation Woes

9/11/2025

Summary

Story summary

Social Security beneficiaries could receive a 2.7% to 2.8% cost-of-living adjustment (COLA) in 2026, increasing average monthly benefits by about $54.
The Social Security Administration will confirm the COLA after the September CPI-W data is released on October 15.
Inflation reached 2.9% in August, affecting COLA projections.
Higher Medicare premiums may diminish COLA benefits, impacting retirees' purchasing power.
In 2024, senior poverty rose to 15%, marking the only age group with an increase.

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Story summary

Social Security beneficiaries could receive a 2.7% to 2.8% cost-of-living adjustment (COLA) in 2026, increasing average monthly benefits by about $54.
The Social Security Administration will confirm the COLA after the September CPI-W data is released on October 15.
Inflation reached 2.9% in August, affecting COLA projections.
Higher Medicare premiums may diminish COLA benefits, impacting retirees' purchasing power.
In 2024, senior poverty rose to 15%, marking the only age group with an increase.