India, Oct. 27 -- The Social Security beneficiaries will see new regulations in 2026. Two important things to be aware of are that your monthly check will increase, but your payments may be lowered or even terminated if you begin collecting early and continue to work.

According to an SSA release on October 24, the cost-of-living adjustment, or COLA, would increase Social Security and SSI benefits by 2.8% in 2026. This hike will benefit almost 75 million Americans. Retirees may not really feel richer despite the fact that their payments are increasing due to inflation and high costs. The SSA modifies the COLA annually in accordance with inflation data.

The average COLA rise over the past ten years has been roughly 3.1%. According to the ...