Social Security, Cost of living
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This has been a unique year, with Social Security's cost-of-living adjustment (COLA) reveal delayed by nine days due to the federal government shutdown. Social Security benefits will climb by 2.8% in 2026, which marks the fifth consecutive year that recipients have received at least a 2.5% year-over-year increase.
As an example, a military retiree who receives $2,500 in retired pay will see a COLA increase of about $70 a month. For a veteran receiving $1,500 per month in benefits, the increase would be about $42 in 2026.
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