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),

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

Key Points Social Security benefits got a 2.5% COLA in 2025. That raise is already trailing inflation. If you’re struggling, it may be time to rethink your spending, downsize, relocate, or go back to work.