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Social Security's 2.8% COLA hike equals $56/month; dividend ETFs offer better income growth options.

Market News
10 Aug 2026
24/7 Wall Street
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Bullish
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The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026, adding about $56 per month for the average retiree. However, this increase falls short of covering rising expenses like groceries and healthcare. To build income that keeps pace with inflation, investors can consider dividend ETFs such as Vanguard Dividend Appreciation ETF (VIG), ProShares S&P 500 Dividend Aristocrats ETF (NOBL), and First Trust Rising Dividend Achievers ETF (RDVY). Each fund offers a different approach to growing income through dividends, but all carry equity risks and require a long-term commitment to withstand market fluctuations.

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