The Social Security Administration (SSA) announced that Social Security benefits and Supplemental Security Income (SSI) payments for 75 million Americans will increase 2.8 percent in 2026.

Social Security and Supplemental Security Income (SSI) benefits will rise 2.8 percent in 2026 after the annual cost-of-living adjustment (COLA), the federal government announced Friday. The Social Security Administration announced the 2026 COLA as the Bureau of Labor Statistics (BLS) released the September consumer price index (CPI) report.

Social Security benefits and Supplemental Security Income payments will increase by 2.8% in 2026, the Social Security Administration. The cost-of-living adjustment was just a 2.5% increase this year.

The Social Security cost-of-living increase will go up by 2.8% in 2026, which translates to an average increase of more than $56 for retirees every month.

SSI beneficiaries are individuals with limited income who are either blind, aged 65 and older, or have a qualifying disability.

The Social Security Administration (SSA) has officially released the payment schedule for retirees, Social Security Disability Insurance (SSDI) and Supplemental Security Income (SS