Social Security's 2026 COLA to Include 'Trump Bump' Tariff Adjustment

The upcoming 2026 Social Security COLA is expected to be above average, potentially around 2.7% to 2.8%, influenced by President Trump's tariff policies which have modestly increased inflation. However, higher Medicare Part B premiums and the CPI-W index's limitations may offset these gains for retirees, making it a complex scenario for beneficiaries.