Social Security Administration Announces 2.8% COLA Increase for 2026

The NARSSA Team

The NARSSA Team

October 24, 2025 Quick Updates

Social Security Administration Announces 2.8% COLA Increase for 2026

After a nine day delay caused by the Federal Government Shutdown, the Social Security Administration (SSA) has announced a 2.8% Cost-of-Living Adjustment (COLA) for 2026, reflecting the rising cost of living as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from July through September. This adjustment, alongside updates to other key Social Security data points such as maximum taxable earnings and retirement earnings test thresholds, will affect millions of Americans’ Social Security benefits beginning with benefit payments in January 2026.

Martha Shedden, co-founder of NARSSA, commented on the significance of these changes: “The 2.8% COLA, along with other updates, will have a meaningful impact on the retirement income of millions of Americans.”

See the SSA COLA Fact Sheet here.

 

Photo Credit: iStock | designer491

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