Social Security monthly payments expected to rise in 2026
This annual COLA aims to help seniors' benefits keep pace with inflation, though many beneficiaries believe it does not fully capture their actual cost increases.
The predicted 2026 increase is slightly higher than the 2025 COLA, with the League noting that rising predictions point to risks of resurgent inflation.
Experts anticipate inflation will rise later in the year, partly due to tariffs imposed by Donald Trump, which are expected to increase consumer prices on various goods.
Despite White House claims that Trump's tariffs have not harmed Americans, a Yale Budget Lab study indicates consumers face the highest average tariff rate since the Great Depression.
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