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Social Security COLA Update

Social Security COLA Update as New Prediction Announced

In legislative developments, Representative Thomas Massie, a Kentucky Republican, reintroduced a bill last week aimed at completely eliminating income taxes on Social Security benefits—a move first suggested in 2023 and inspired by a proposal from President Donald Trump while on the campaign trail.

MLive · 20h

Bad news for Social Security recipients in latest 2026 COLA projection

The actual cost-of-living-adjustment won't be announced until October, but early predictions say the increase will be a smaller percentage than the 2025 increase.

MarketWatch · 2d

Social Security COLA could fall in 2026, forecasts say

The nonpartisan Senior Citizens League expects the COLA to be 2.3% for 2026, based on a forecast that inflation will drop throughout the coming year. Another forecast by independent Social Security and Medicare analyst Mary Johnson puts the expected COLA increase at 2.

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Social Security COLA Update

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