Social Security recipients will learn next month how much of an increase they can expect in 2026. Next year’s Cost of Living Adjustment, or COLA, will be announced around Oct. 15 after the data from the final fiscal quarter of 2025 is compiled.

Social Security recipients may see a 2.8% cost-of-living adjustment in 2026, but this may not keep up with inflation. Medicare Part B premiums are expected to rise by an estimated $21.50 per month, one of the largest increases in program history.

Social Security recipents may see a 2.8% rise in their monthly checks next year, according to a new estimate based on the latest inflation report, but Medicare payments are still expected to take most of it. The Social Security Administration will announce ...