The Social Security Administration has unveiled a 2.8% cost-of-living adjustment (COLA) for beneficiaries in 2026, resulting in an average increase of $56 per month for recipients. This adjustment, which will affect approximately 75 million seniors, aligns with inflation but has sparked concerns among advocates about its adequacy, as many argue it falls short of rising living costs. Additionally, disabled veterans and military retirees will also see similar benefit increases. While the announcement aims to provide financial relief, some recipients express disappointment, highlighting that the increase may not sufficiently support them, keeping many seniors on the edge of poverty.