Every year, Social Security is eligible for a COLA. When inflation remains flat, Social Security benefits remain flat. When there's a decrease in inflation from one year to the next, Social Security benefits also remain flat.

Cost of living adjustments help prevent Social Security benefits from losing their buying power over time. Retirees are on track to receive a COLA in 2026, though it may not be as large as they hope.

American seniors are frustrated with how Social Security adjusts for inflation, and they want change.