Wondering What to Expect for Next Year's Social Security COLA? Here's What History Says Could Be Coming in 2026

Social Security plays a huge role in the budgets of many American retirees. About half of households with someone age 65 or older receive at least 50% of their income from Social Security. About one-quarter receive 90% of their income from the government program.So the annual cost-of-living adjustment, or COLA, is of huge importance for many seniors. Without that bump in payments each year, many seniors would struggle to keep up with the rising costs of housing, healthcare, and groceries.While we're still a few months away from the official COLA announcement, history can offer some ideas of what to expect for next year. Here's what you need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool