SSI Social Security Benefits Increase
If you are 62 or older and depend on Social Security or Supplemental Security Income (SSI) benefits, you may have seen reports claiming a $600 boost is coming in November 2025.
However, the Social Security Administration (SSA) has announced a 2.8% Cost-of-Living Adjustment (COLA) for 2026, which is an annual adjustment to ensure payments keep up with inflation, not a one-time $600 payment.
The COLA is an annual adjustment applied to Social Security and SSI benefits to ensure that payments keep up with inflation.
The reality is more nuanced, and the increase will not come as a one-time payment.
Author's summary: Social Security benefits increase by 2.8% in 2026.
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