Social Security's 2026 Cost-of-Living Adjustment (COLA) May Surprise Retirees for This Reason

Social Security COLA Concerns: The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for retirees, which many seniors find disappointing, especially with predictions of a potential decrease to 2.3% for 2026 due to cooling inflation and upcoming tariff policies.

Impact of Tariffs on Seniors: Tariffs may increase consumer prices, potentially leading to higher costs for medications and food, further straining the budgets of seniors who rely on Social Security, making it crucial for them to seek additional income sources.