Social Security benefits and Supplemental Security Income payments will increase by 2.8% in 2026, the Social Security Administration.

Social Security’s cost-of-living adjustment will be 2.8% in 2026, up from 2.5% this year, the Social Security Administration said on Friday.

The data on inflation is encouraging because it could mean less pain for lower- and middle-income households struggling with still-high increases in prices every month.