The Social Security Administration announced a 2.8% Cost-of-Living Adjustment (COLA) taking effect in January 2026. Over 70 million beneficiaries, including retirees and disabled individuals, will see higher monthly payments. The average retired worker’s benefit will rise by about $56 to $2,071. COLA helps offset inflation, though rising costs—especially for essentials—may still strain fixed incomes. Updated benefit notices will arrive in December. Learn more through the official SSA website or trusted sources like AARP and Medicare,gov.