Social Security's 2026 COLA Is Official -- It Comes With Bad News About President Trump's Tariffs

Last Friday, The Social Security Administration announced the official 2026 cost-of-living adjustment (COLA). Benefits will increase 2.8% next year, three-tenths of a percentage point more than the pay increase retired workers received this year.However, the announcement also comes with bad news for Social Security beneficiaries. Tariffs imposed by the Trump administration have caused inflation to increase significantly since April, and many economists expect consumer prices to trend higher in the coming months, which means the COLA is likely insufficient.Here's what retired workers should know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool