{"id":147436,"date":"2025-09-16T13:04:13","date_gmt":"2025-09-16T13:04:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/147436\/"},"modified":"2025-09-16T13:04:13","modified_gmt":"2025-09-16T13:04:13","slug":"social-security-2026-cola-estimated-to-go-up-to-2-7","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/147436\/","title":{"rendered":"Social Security 2026 COLA estimated to go up to 2.7%"},"content":{"rendered":"<p class=\"article__paragraph article__paragraph--left\" id=\"7WUEUUWPFJEZVPAKT6LDNOBPKM\">The official <a href=\"https:\/\/www.nj.com\/social-security-increase\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.nj.com\/social-security-increase\/\">Social Security<\/a> cost-of-living-adjustment, or COLA, announcement for 2026 is a month away.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"DPSBNXUEOZHIBMTVBEWQMYCRDM\">But the latest projection, <a href=\"https:\/\/seniorsleague.org\/tscl-cola-projection-8-25-2\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/seniorsleague.org\/tscl-cola-projection-8-25-2\/\">according to the Senior Citizens League<\/a>, estimates that the COLA for 2026 would be 2.7%, <a href=\"https:\/\/www.nj.com\/news\/2024\/10\/social-security-increase-2025-everything-to-know-about-the-new-cola.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.nj.com\/news\/2024\/10\/social-security-increase-2025-everything-to-know-about-the-new-cola.html\">an increase from the 2025 COLA<\/a>.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"W5ZZ672WEBEJ3EADTHDQDYZ3GU\">Last year\u2019s COLA was <a href=\"https:\/\/www.nj.com\/news\/2024\/10\/social-security-increase-2025-everything-to-know-about-the-new-cola.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.nj.com\/news\/2024\/10\/social-security-increase-2025-everything-to-know-about-the-new-cola.html\">one of the lowest increases in years.<\/a><\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"BUTIGNW5EFDMNGSOSGUONL74AI\">Here\u2019s what you need to know about the latest projection and whether it will be accurate once the official COLA is announced.<\/p>\n<p>What does the latest 2026 Social Security COLA estimate mean for you?<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"URTVCPWKQRB6TEP5ACI5QNCKSM\">The latest Social Security COLA estimate for 2026 is 2.7%, <a href=\"https:\/\/seniorsleague.org\/tscl-cola-projection-8-25-2\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/seniorsleague.org\/tscl-cola-projection-8-25-2\/\">according to the non-partisan Senior Citizens League<\/a>.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"62M4VLXI6VBJFJQOESVSBVVF6Y\">It is 0.2% higher than last year\u2019s increase, which was 2.5% and one of the lowest on record.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"UFDBQCQV3BABNHJUZR452QDPGM\">A 2.7% increase would raise the average monthly benefit for Social Security recipients by $54.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"6QQCYOFSENDVVHC6KOH2D3JFUU\">So those receiving $2,008 would instead receive $2,062.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"7PZJILRID5HTVNSLUG7XW2QVIQ\">However, this increase may not offset the costs of inflation.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"Y2SUI3IJPFGYLFJKDO53R4KNBA\">The Social Security COLA for 2026 <a href=\"https:\/\/finance.yahoo.com\/news\/social-security-2026-cola-forecast-081700465.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/finance.yahoo.com\/news\/social-security-2026-cola-forecast-081700465.html\">will be announced on Oct. 15, 2025<\/a>, this year after the final data from this fiscal year is put together.<\/p>\n<p>Who is eligible for a Social Security COLA increase?<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"DQSOUGCNDJDDDIJMYJCNAGXC2U\">Anyone who is eligible to receive Social Security benefits, including retirees over 62 years old, along with disabled and blind people, is eligible to receive the COLA associated with Social Security benefits.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"UJFVWGZJXNBL5M6DSGHHPAJRLU\">In some cases, the spouses, surviving spouses, or surviving dependents can also collect Social Security and the <a href=\"https:\/\/www.nj.com\/social-security-increase\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.nj.com\/social-security-increase\/\">Social Security increases<\/a> that come along with it, <a href=\"https:\/\/www.ssa.gov\/ssi\/text-entitle-ussi.htm#:~:text=You%20can%20receive%20Social%20Security,do%20not%20need%20work%20credits.\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.ssa.gov\/ssi\/text-entitle-ussi.htm#:~:text=You%20can%20receive%20Social%20Security,do%20not%20need%20work%20credits.\">according to the Social Security Administration (SSA)<\/a>.<\/p>\n<p>If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our <a href=\"https:\/\/www.advancelocal.com\/advancelocalUserAgreement\/user-agreement.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">User Agreement<\/a> and agree that your clicks, interactions, and personal information may be collected, recorded, and\/or stored by us and social media and other third-party partners in accordance with our <a href=\"https:\/\/www.advancelocal.com\/advancelocalUserAgreement\/privacy-policy.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Privacy Policy.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The official Social Security cost-of-living-adjustment, or COLA, announcement for 2026 is a month away. But the latest projection,&hellip;\n","protected":false},"author":2,"featured_media":147437,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-147436","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/147436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=147436"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/147436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/147437"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=147436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=147436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=147436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}