President Donald Trump's Tariffs Are Set to Boost Social Security Raises in 2026 -- Here's the "How?" and "How Much?"

As of the third week of October, Social Security's more than 70 million traditional beneficiaries would normally know whether or not they're receiving a cost-of-living adjustment (COLA) in the upcoming year. But this year has been unique, in more ways than one.Due to the federal government shutdown, the release of most economic data has been delayed indefinitely. This includes the September inflation report, which is the last puzzle piece needed to calculate Social Security's 2026 COLA. Though some furloughed workers for the U.S. Bureau of Labor Statistics are headed back to work to release the September inflation report on Oct. 24. Social Security's biggest announcement of the year will, ultimately, be nine days late.The other factor that makes this year's cost-of-living adjustment one-of-a-kind is that it'll be directly influenced by President Donald Trump's tariff and trade policy. That's right, folks -- Social Security is due for a "Trump bump."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool