"If you are on Social Security, you are getting a benefits increase for the 2026 year. Specifically, the Social Security Administration announced a 2.8% Cost of Living Adjustment (COLA) for all benefit recipients. COLAs are an important part of Social Security's programs because benefits must increase to keep pace with inflation. While the COLA impacts benefits in 2026, some Social Security retirees are actually going to get their first increased payment today. Here's why that's the case."
"According to the Social Security Administration, close to 71 million Social Security beneficiaries will get their Cost of Living Adjustment applied to their first January check. However, 7.1 million recipients of Supplemental Security Income (SSI) will get their first extra payment on December 31, 2025. The Social Security Administration also explained that some people receive both Social Security retirement benefits and SSI benefits. Those retirees will be able to begin benefitting from the COLA as early as today when they get their larger SSI Check."
Social Security benefits will receive a 2.8% Cost of Living Adjustment for 2026. Close to 71 million Social Security beneficiaries will have the COLA applied to their first January check. About 7.1 million Supplemental Security Income (SSI) recipients will receive their first increased payment on December 31, 2025. Individuals who receive both Social Security retirement benefits and SSI can start benefitting from the COLA as early as December 31 when their larger SSI check is issued. SSI targets low-income, disabled, or elderly individuals with limited household resources who need extra financial support. The SSA began sending COLA notices in account Message Centers starting late November 2025.
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