2.8% is not enough: The hidden reasons the 2026 COLA fails to protect retirees

AI Briefing

• – Social Security costs are increasing faster than the cost of living adjustment (COLA), leaving retirees vulnerable to reduced purchasing power.
• – The 2.8% increase in the 2026 COLA is too small to keep up with inflation and rising healthcare costs.
• – Many experts argue that a more substantial increase is needed to ensure the long-term solvency of the Social Security program.