This Is Exactly How Your 2026 Social Security COLA Will Be Determined

If you are collecting Social Security, chances are good that you're already aware of the fact that you get a cost-of-living adjustment (COLA) in most years. However, you may not be aware of the specific details for how this adjustment to your benefits works.Since this benefit increase is critical to helping you maintain your buying power throughout retirement, it's helpful to know how a COLA is calculated. This knowledge will allow you to both estimate the amount you'll receive each year and understand why the COLA may fall short of your expectations.Image source: Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool