2026's Social Security COLA Is Shaping Up to Be a No-Win Situation for Retirees

There are millions of retired seniors today who collect a monthly benefit from Social Security. And many Social Security recipients are hoping that 2026's cost-of-living adjustment (COLA) will be more generous than the 2.5% raise seniors were granted at the start of 2025.The purpose of Social Security COLAs is to help ensure that benefits are able to keep up with inflation from year to year. Many people collect Social Security for decades. Without the automatic COLAs benefits are eligible for, many seniors would not be able to cover their costs from one year to the next.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool