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Social Security benefits are a critical source of income for many people. Unfortunately, some of the individuals who are reliant on benefits may soon find themselves facing one of the biggest benefit cuts in history.
Social Security benefits will see a modest cost-of-living adjustment in 2026, but experts say seniors may still struggle financially.
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Here's Exactly When You Can Expect Your First Social Security Check With the 2026 COLA Included
After a delay, the Social Security Administration has announced a 2.8% cost-of-living adjustment (COLA) for 2026. This is expected to add about $56 to the average benefit, though you could get a little more or less than this. It may not be the boost you were hoping for, but any extra money is better than your checks remaining the same.
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Social Security sets its 2026 COLA increase at 2.8%. Here's what that means for your benefits.
Social Security's annual cost-of-living adjustment is aimed at helping the program's 75 million beneficiaries keep pace with inflation.
Senate Aging Committee Ranking Member Kirsten Gillibrand, D-NY, and Senate Finance Committee Ranking Member Ron Wyden, D-OR, are demanding answers about how Trump administration cuts and reorganizatio
The maximum Social Security benefit is significantly higher than the average benefit. Most people don't max out their Social Security checks, and it will get harder to do so in 2026. You'll need to earn more money to get the maximum benefit in 2026.
Increases in longevity, decreases in fertility and fewer immigrants coming to the U.S. are contributing to the insolvency problem.
A recently released agreement gives the Department of Homeland Security access to hundreds of millions of Americans’ Social Security data. It contains alarmingly few provisions to ensure accuracy and privacy,