Many seniors are already cutting cut back on essentials like groceries and medications.

• Social Security benefits are expected to rise by about 2.7% in 2026, equating to roughly a $54 monthly boostbut rising Medicare costs threaten to eat most of it.

• Medicare PartB premiums are projected to climb 11.6%, from $185 to about $206.50/month, which alone could consume nearly 40% of the COLA increase.

• Broader healthcare expense hikesincluding rising PartD costs, deductibles, and outofpocket expensesare already pushing many seniors to cut back on essentials like groceries and medications.

Current projections indicate that Social Security recipients could receive a 2.7% cost-of-living adjustment (COLA) in 2026, slightly up from last years 2.5 %a modest gain that may nonetheless prove insufficient in the face of surging healthcare costs.

That projected increase would translate to approximately $54 more per month for an average beneficiary. However, as Medicare PartB premiums are set to rise 11.6%, increasing by $21.50/month to $206.50, Social Security checks may only gain $3233 neterasing nearly 40% of that new income.

And PartB premiums arent the only concern. Medicare PartD costs are also expected to increasearound 6% in premiumsand deductibles and other outofpocket costs, such as those for medications or services, are also on the rise. Moreover, the PartB deductible is projected to jump from $257 to $288, an 11.2% increase in itself, according toInvestopedia.

Effects are being felt

The rising burden is already having real effects: A recent nationwide survey found over half of retirees are cutting discretionary spending, and notably, more than one-third are forced to trim essentials like groceries and medical careall while COLA increases lag behind rising inflation and healthcare costs.

Experts warn that the disconnect between broad inflation measures (like the CPIW, which drives COLA) and the actual spending patterns of retireesespecially on healthcaremeans that many seniors will see little to no real improvement in their budgets in 2026, Barron'srecently reported.

Whats at stake?

Even with a COLA bump, rising medical costsespecially those automatically deducted from benefitsmean that many retirees will struggle to feel any real financial benefit next year. As the mismatch between inflation measures and seniors actual spending grows, advocates are pushing for a revision of how COLA is calculated or better indexing to retirees cost burdensparticularly healthcare.

Senior advocacy groups say none of this should surprise anyone.
Social Security checks arent keeping up with inflation. If four in five seniors think inflation was higher than the government reported in 2024, maybe we should stop questioning their experiences and start questioning why the COLA is failing to measure them, saidShannon Benton, executive director of the Senior Citizens League.

Salesforce data breach has exposed Gmail users' passwords

By Truman Lewis of ConsumerAffairs

Google is warning the 2.5 billion Gmail users to change their passwords or switch to using passkeys after a surge in phony emails that followed a massive data breach at Salesforce.

All Gmail users should be careful browsing through their emails and should be alert to potentially bogus messages, Google warned. The company said there had been a surgery in effective and convincing phishing attacks targeting Gmail and Google Workspace users.

No passwords were leaked in the Salesforce breach but there was enough customer information to enable tricksters to compose convincing-sounding emails. The emails generally impersonate a company's IT support desk and try to convince users to download malicious software.

Some of the phony emails appear to come from Google itself and use phrases like "suspicious sign-in prevented." In another example, one email said that Google had been served with a subpoena that required it to release information contained in the user's email account.

The message: Don't share any information, including account numbers of passwords with anyone who telephones, emails or texts you. Ignore or delete texts or emails and do not click on any links contained in them. Google will never call you unprompted and neither will most government agencies or corporations. Deal only with people you know and trust.

An expert shares how marketing may be playing a role in extensive shopping

• A recent report found that August has become a prime month for consumers taking on extra credit card debt, and back-to-school shopping is the likely culprit.

• Many back-to-school ads feature items beyond the traditional supplies and clothes.

• Planning your purchases in advance can help shoppers compare prices and save the most money.

While retailers like Target have been sharing back-to-school sales for weeks, the new school year rush is officially in full effect.

That also means its time to stock up on supplies, clothes, shoes, and more.

However, do all these purchases also mean your credit card bills are stacking up?

A recent report from CardRatings.com found that August is becoming a big month of credit card debt for consumers, and back-to-school shopping is likely to blame.

Richard Barrington, a finance expert at CardRatings, broke down what exactly this means for consumers, including how to save money and how to prepare for this extra expense.

Is inflation to blame?

According to Barrington, it could play a role.

Certainly, inflation has been an issue in recent years, and has perked up again recently, he told ConsumerAffairs. So, one factor here is that items are getting more expensive.

However, overspending comes into play when you look at the scope of whats considered back-to-school shopping. A quick look at ads for back-to-school sales revealed that alongside the usual pens, pads, and clothing, such items as kids headphones, water bottles, and make-up items are featured. Even air fryers were included in back-to-school advertising ostensibly for dorm rooms, though they are actually banned by many schools for safety reasons.

So, the definition of back-to-school shopping has expanded over the years, increasing the potential for overspending.

Credit card debt climbs in August

Barrington explained that the companys report highlighted some recent trends related to extra credit card debt.

Historically, August has been an above-average month for consumers taking on credit card debt, he said. This trend has held in recent years. Over the past four years, consumers have taken on an average of 75% more credit card debt than in the average month.

While not all of this can be attributed to back-to-school shopping, when you think about what makes August different from other months, back-to-school shopping features prominently.

Money-saving tips

While no one wants to incur more debt, there are ways to save on back-to-school shopping, and Barrington says that preparation is key.

Do some research in advance, he said. Whether you shop online or in person, doing price comparisons online can help you separate genuine sales from hype. Then you can use that research to set a budget to keep your back-to-school spending in line.

Consider back-to-school shopping a teaching opportunity. Educate your kids on the importance of staying on-budget and not getting sucked into sales hype. Then have them participate in the process of searching out the best prices and sticking to the plan when you shop.

An expert shares everything consumers need to know to protect themselves during the sales

• have gone hand-in-hand with big shopping holidays and the upcoming Labor Day weekend is no exception.
• The same rules for identifying potential remain: a sense of urgency, misspellings, grammatical errors, etc. should all raise alarm bells for consumers.
• Experts encourage consumers to trust their instincts and never be scared to double and triple check before making purchases or sharing personal information.

While many consumers are preparing for barbecues and sales for Labor Day weekend, its also becoming increasingly common for scammers to up the ante during high-volume sales.

Clayton LiaBraaten, Senior Executive Advisor at Truecaller, spoke with ConsumerAffairs to highlight the most popular Labor Day , what consumers should expect, how to avoid falling victim to these , and more.

Labor Day weekend carries with it a peculiar duality, LiaBraaten told ConsumerAffairs.

On one hand, it represents the unofficial end of summer, that bittersweet transition when we collectively acknowledge the turning of seasons and the promise of autumn's arrival. On the other hand, it has become something far more insidious a golden opportunity for those who would exploit our very human tendencies toward optimism and the hunt for a good deal.

Identify the red flags

LiaBraaten warns that scammers are using the latest technology to their advantage, making harder and harder to detect. However, its not impossible to spot a sale-related scam.

The price that seems too good to be true invariably is. That brand-new television at 90% off isn't a doorbuster deal; it's bait, he explained. The URL that contains subtle misspellings or unnecessary additions Bestbuysales.com instead of BestBuy.com betrays the deception beneath the surface. These are not accidents or oversights; they're the unavoidable artifacts of fraudulent infrastructure.

The poorly designed website with missing contact information and grammatical inconsistencies remains a reliable indicator, LiaBraaten continued. Legitimate businesses don't operate from the shadows. They have addresses, phone numbers, return policies, and customer service departments. They exist in the physical world as well as the digital one.

A sense of urgency is a warning sign

One of the biggest things to look for: a sense of urgency.

The high-pressure tactics remain their bread and butter, unchanged despite technological evolution, LiaBraaten said. Requests for Social Security numbers, passwords, or payment details via email or text. Insistence on wire transfers or cryptocurrency payments.

The creation of false urgency act now or lose this opportunity forever. No legitimate retailer operates this way, yet in the heat of the moment, with the clock ticking and the deal seemingly slipping away, we can forget these fundamental truths.

Go to the source

If youre ever unsure if youre being targeted by a scammer, LiaBraatens best piece of advice: go straight to the source.

Those links in unsolicited emails and social media advertisements? Ignore them entirely. Type the retailer's URL directly into your browser, he said. If you've placed an order, log into your account through the official website and check your order status there. This simple practice alone would prevent the vast majority of successful phishing attempts.

Look for "https" rather than merely "http" that 's' represents secure encryption, and its absence should raise immediate red flags. Verify the actual domain name with the care of a proofreader. Amazon.com is legitimate; amazom.com is not. These differences can be subtle, but they're never accidental.

Trust your instincts

At the end of the day, LiaBraaten recommends that consumers trust their guts above all else.

That feeling in your gut when something seems off? It's the product of millions of years of evolution, finely tuned to detect threats, he said. In our digital age, those threats may have changed form, but our intuitive response to danger remains remarkably reliable.

This Labor Day weekend, as you navigate the sales and celebrations, remember that vigilance need not mean paranoia, and skepticism need not prevent participation. It simply means approaching our digital transactions with the same care we would bring to any significant decision. After all, in an age where artificial intelligence can mimic human communication with uncanny accuracy, our very human capacity for critical thinking becomes not just useful but essential.