2026 Social Security COLA Shocker: Benefits Up 2.8% (+$56), But Rising Costs Threaten the Gain
The Social Security Administration set a 2.8% cost-of-living adjustment for 2026, raising average monthly benefits by about $56 for 75 million Americans starting in January. The standard Medicare Part B premium is projected to rise to $206, up $21 from 2025. VA disability and federal pensions will see similar increases. SSI recipients get a 2.8% boost effective Dec. 31, 2025.