(NEXSTAR) – Social Security and Supplemental Security beneficiaries are set to receive their first checks of the new year, reflecting a modest increase due to the 2026 cost-of-living adjustment (COLA).

This annual adjustment, aimed at offsetting the impact of inflation, is set at 2.8 percent for 2026. As a result, the average Social Security benefit for retired workers is projected to rise from $2,015 to $2,071, as reported by the Social Security Administration.

The timing of this initial payment, however, depends on a variety of factors.

For those receiving Supplemental Security, which supports individuals with limited income or disabilities, the first check will arrive earlier than usual. Due to New Year’s Day being a federal holiday, these payments are scheduled for Wednesday, December 31, 2025.