You probably heard the announcement: the Social Security cost-of-living adjustment, or COLA, for 2026. Another small increase — a few percentage points if we’re lucky — supposedly designed to help seniors keep up with inflation. But when you compare that number to what’s happening with Medicare premiums and other insurance costs, it’s painfully clear: this isn’t a raise. It’s a pay cut.
Relevant Links:
https://www.ssa.gov/news/en/cola/factsheets/2026.html
