By Tom Ozimek The Social Security cost-of-living adjustment (COLA) for 2026 is projected to be 2.7 percent, according to an Aug. 12 estimate from The Senior Citizens League (TSCL), based on the latest inflation data. The group’s updated projection is 0.2 percentage points higher than the 2.5 percent increase implemented at the start of 2025. […]
Tag: Cost of Living Adjustment (COLA)
A Cost of Living Adjustment (COLA) is an increase in income designed to offset the effects of inflation on the cost of goods and services. It helps maintain the purchasing power of wages, pensions, and other forms of income as the cost of living rises.