President Donald Trump's tariff and trade policy is directly affecting Social Security raises in the new year.

The 2026 cost-of-living adjustment, or COLA, for Social Security recipients has been revealed after it was delayed by the government shutdown.

The Social Security cost-of-living increase will go up by 2.8% in 2026, which translates to an average increase of more than $56 for retirees every month.

This has been a unique year, with Social Security's cost-of-living adjustment (COLA) reveal delayed by nine days due to the federal government shutdown. Social Security benefits will climb by 2.8% in 2026, which marks the fifth consecutive year that recipients have received at least a 2.5% year-over-year increase.

Some married couples can maximize Social Security benefits when the lower-earning spouse files for benefits first, even before their full retirement age.

Will Social Security increase in 2026? Social Security Administration sets cost-of-living adjustment at 2.8%. What it means for Kentuckians

Financial pros recommend waiting as long as possible to claim your Social Security benefits. Most Americans say they're ignoring that advice.

"I was required to pay into these programs with the understanding that they’d be there if I needed them. They’re stealing our money."