Social Security COLA graphic
While the actual 2026 Social Security cost-of-living (COLA) increase for retired workers won’t be announced until October, forecasters expect President Trump’s sweeping tariff announcements to lead to higher inflation, which could mean COLA predictions will rise later this year.
The Senior Citizens League (TSCL), one of the nation’s largest nonpartisan retiree groups, is predicting a 2.3% increase for 2026 – a modest decrease from the 2.5% raise in 2025, which is 0.1 percentage points higher than last month’s prediction.
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.
