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NBC News
Beware of growing Social Security phone scam
The Federal Trade Commission says there have been some 200,000 complaints of government imposter calls just this year. Most people just hang up and never report the scam. But those who fall for it lose an average of $1,000.
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The Social Security Administration's COLA, or cost-of-living adjustment, will be 2.8% in 2026, the agency said on Friday, with Social Security retirement benefits set to increase by about $56 per month on average starting in January. CNBC's Sharon Epperson explains what the change means for retirees. Read the full story: cnb.cx/4oEp1Qb Sign up for the Money 101 newsletter for more personal finance updates: cnb.cx/3HU95t9 | CNBC
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