President Trump's tariff and trade policy is set to influence Social Security's "raise" for the upcoming year.

The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries.

Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) in 2026, which is slightly above the 2.5% increase U.S. retirees received in 2025. That's according to an estimate from the Senior Citizens League,

Social Security's biggest reveal of the year -- the 2026 COLA -- was supposed to occur today (Oct. 15), but has been pushed back by the federal government shutdown. The September inflation report will now be released on Oct.

The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct.