The Brief

Social Security recipients will see an added cost of living adjustment rise to nearly 3%.

The average retirement benefits will grow to $56 monthly starting January 2026.

Millions of Social Security beneficiaries will see a new cost of living adjustment starting next year.

How much is the Social Security COLA for 2026?

Why you should care:

Social Security benefits and Supplemental payments will increase 2.8% in 2026 and on average retirement benefits will rise $56 monthly beginning in January, according to the Social Security Administration .

Increased payments to nearly 7.5 million recipients receiving Social Security will start on December 31, 2025.

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The Social Security

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