In 2026, Social Security and Supplemental Security Income recipients will see their benefits increase by 2.8% thanks to the annual cost-of-living adjustment or COLA. The Social Security Administration’s (SSA) statement says benefits will increase by $56 per month, on average, starting in January.
The September CPI report was released despite the ongoing government shutdown so that the SSA could make the COLA announcement.
Yahoo Finance personal finance columnist Kerry Hannon reports the details.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
#youtube #stocks #investing
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
source
