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20.07.2025 09:44:00
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A "Trump Bump" Is Being Forecast Into Social Security's 2026 Cost-of-Living Adjustment (COLA) -- Here's How Much Extra You Might Get
For an overwhelming number of retirees, Social Security provides more than just a monthly check. It's nothing short of a foundational puzzle piece to their financial well-being.In each of the last 24 years, Gallup has asked retirees to gauge the importance of their monthly benefits from Social Security. Consistently, 80% to 90% of respondents -- including 86% in April 2025 -- noted that their Social Security income was necessary, to some degree, to cover their expenses.For these individuals, nothing is more important than knowing how much they'll bring home on a monthly basis from America's leading retirement program. And no announcement bears more weight than the annual cost-of-living adjustment (COLA) reveal in October.Continue readingWeiter zum vollständigen Artikel bei MotleyFool