May 29, 2026, 6:15 AM247wallst.comCOLA
Social Security Retirees Face a Hidden Tax on Their 2026 COLA. Here's the Math
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A 70-year-old retiree circled January waiting for the cost-of-living adjustment. The Social Security Administration announced a 2.8% COLA for 2026, which lifted the average retired worker check from about $2,015 a month in 2025 to roughly $2,071 in 2026.