Social Security beneficiaries may face taxes if they have additional income sources or due to the COLA increase. Here's how to determine if you're affected.

Social Security cost-of-living adjustment, or COLA, went into effect recently and was reflected on the payments received in January. Each year, Social Security benefits are adjusted to keep up with inflation (if there is any),

Social Security’s cost-of-living adjustment is expected to shrink in 2026 and could be the lowest increase seen in a decade.

Key Takeaways For 2026, the Senior Citizens League predicts a smaller cost-of-living adjustment for Social Security benefits compared to last year.They estimate that the COLA will be 2.1% in 2026, which is down from 2.

Social Security's 2025 cost-of-living adjustment (COLA) took effect in January. Benefits will increase 2.5% this year, the smallest pay bump for seniors since 2021. Indeed, more than half of retired workers surveyed by The Motley Fool in October said the COLA was insufficient.

The Social Security cost-of-living adjustment, or COLA, for 2025 is a 2.5% increase. That means the monthly benefits checks for more than 72.5 million Americans will see their lowest annual bump in four years. While the smaller COLA is due to the normalization of annual inflation rates, many beneficiaries are concerned.

The average Social Security payment will rise by more than $50 per month starting in January, thanks to the federal government’s 3.2% annual cost-of-living adjustment, or COLA. A 3.2% increase in the average Social Security check—about $1,

Beginning in January 2025, retirees will see a 2.5% increase in their benefits. For the average retired worker, this means an additional $48 per month. Survivor beneficiaries and workers with disabilities will see smaller increases. As inflation begins to cool, the Social Security cost-of-living adjustment (COLA) for 2025 has been set at 2.5%.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. from 24/7 Wall St. Social Security benefits are rising 2.