Social Security’s COLA could hit 2.8% in 2026 as more seniors face poverty

Social Security’s cost-of-living adjustment is expected to be as much as 2.8% in 2026, analysts said, but the average $54 monthly increase may not go very far as inflation creeps higher. According to independent Social Security and Medicare analyst Mary Johnson, who has been tracking the adjustment for almost 30 years, the COLA could be 2.8% next year. The Senior Citizens League, an advocacy group for older adults, said it expects the COLA to be 2.7% and estimates that up to 39% of beneficiaries rely on Social Security for their...