Social Security's 2026 Cost-of-Living Adjustment (COLA) Is Likely to Be Bad News for Retirees
'...The Senior Citizen League estimates Social Security benefits will receive a 2.6% cost-of-living adjustment (COLA) in 2026. Social Security's COLAs are based on CPI-W inflation, which is problematic because the CPI-W does not account for the spending habits of seniors. ...Social Security benefits have lost 20% of their purchasing power since 2010 because COLAs have failed to keep pace with inflation ...'
Reference: www.fool.com
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