Key Points Social Security’s cost-of-living adjustment (COLA) will be announced for the program’s more than 71 million traditional beneficiaries on Oct. 14. Two of President Donald Trump’s policies should lead to a well-above-average Social Security raise next year, and a pleasant surprise for tens of millions of retirees. Unfortunately, Social Security’s Trump bump can worsen the program’s already precarious financial outlook. The $23,760 Social Security bonus most retirees completely overlook › One of the most anticipated days of the year for Social Security's more than 71 million traditional beneficiaries (retired workers, workers with disabilities, and survivors of deceased workers) is less than four weeks away. On Oct. 14, the U.S.
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