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Delay in announcement for Social Security cost-of-living increase due to government shutdown

Delay in announcement for Social Security cost-of-living increase due to government shutdown

Government Shutdown Delays Social Security Adjustments WASHINGTION — The ongoing government shutdown has put a hold on the annual announcement regarding social security cost-of-living adjustments (COLA) for millions of beneficiaries. Initially set for Wednesday, the 2024 COLA announcement will now be released on October 24, coinciding with the forthcoming Consumer Price Index for September, which […]

Delay in announcement of Social Security cost-of-living increase

Delay in announcement of Social Security cost-of-living increase

Social Security Cost-of-Living Adjustments Delayed Due to Government Shutdown WASHINGTON – The current government shutdown has postponed the announcement of annual Social Security cost-of-living adjustments (COLA) for millions of beneficiaries. Initially set for Wednesday, the COLA announcement will now be on October 24. This will be released alongside the September Consumer Price Index, which has […]

When will the official Social Security cost-of-living adjustment be announced?

When will the official Social Security cost-of-living adjustment be announced?

(NEXSTAR) – The announcement from the Social Security Administration regarding the 2026 Annual Expenditure Adjustment (COLA) has been postponed due to the ongoing government shutdown and the agency’s struggles with reduced staffing and services for beneficiaries. The COLA is designed to assist recipients of Social Security and Supplemental Security Income (SSI) in maintaining their purchasing […]