2026 Social Security and Veteran Benefit Increases Amid Poverty Concerns

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Source: USA Today
2026 Social Security and Veteran Benefit Increases Amid Poverty Concerns
Photo: USA Today
TL;DR

The 2026 Social Security cost-of-living adjustment (COLA) is set at 2.8%, which may be insufficient for seniors to keep up with rising expenses, especially as Medicare premiums are expected to increase significantly, potentially offsetting the benefits of the COLA and risking increased poverty among seniors.

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