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2026 Social Security COLA Announcement Set for October 24

10/14/2025

50 6 Full Breakdown

Summary

Story summary

The Social Security Administration will announce the 2026 Cost-of-Living Adjustment (COLA) on October 24, 2025, delayed by the government shutdown.
The Bureau of Labor Statistics will release the September Consumer Price Index (CPI) on the same day to calculate the COLA.
Medicare Part B premiums are projected to rise to $206.50, offsetting much of the COLA gain.
Social Security payments will continue on schedule starting January 1, 2026.

History

Historical Context

The Social Security Act, signed by President Franklin D. Roosevelt on August 14, 1935, aimed to provide a safety net during the Great Depression, introducing benefits for retirees and the disabled. Initially funded by a 1% payroll tax on wages up to $3,000, the program has evolved, with ongoing adjustments reflecting inflation and rising costs, highlighting the need for sustainable funding in today's economy.

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Story summary

The Social Security Administration will announce the 2026 Cost-of-Living Adjustment (COLA) on October 24, 2025, delayed by the government shutdown.
The Bureau of Labor Statistics will release the September Consumer Price Index (CPI) on the same day to calculate the COLA.
Medicare Part B premiums are projected to rise to $206.50, offsetting much of the COLA gain.
Social Security payments will continue on schedule starting January 1, 2026.

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