Social Security cost-of-living adjustment (COLA) to 2026 payments is now predicted to be 2.3 percent, and that could change due to recent tariff announcements, a senior citizens group said.
The Senior Citizens League (TSCL) on Thursday released its prediction as economic uncertainty shook U.S. stock markets after the Trump administration announced tariffs earlier this month, which were paused in part on Wednesday. The administration left 145 percent tariffs on Chinese imports intact, while Beijing said it would impose tariffs on U.S. imports to 125 percent.