WASHINGTON (AP) — The Social Security Administration’s annual cost-of-living adjustment will go up by 2.8% in 2026, translating to an average increase of more than $56 for retirees every month, agency officials said Friday.

The benefits increase for nearly 71 million Social Security recipients will go into effect beginning in January. And increased payments to nearly 7.5 million people receiving Supplemental Security Income will begin on Dec. 31. PBN Branded Content

Unlock AI Potential with High-Speed Connectivity

The rise of AI is reshaping businesses across the country and transforming processes and workflows… Learn More

Friday’s announcement was meant to be made last week but was delayed because of the federal government shutdown .

The cost-of-living adjustment , or C

See Full Page