Harbucks / Shutterstock.com Quick Read The Fed cut rates by 0.25% in December. Savings account and CD yields may decline as a result. On the plus side, credit card rates should fall and borrowing should become less expensive. Social Security’s 2026 COLA is locked at 2.8%, but lower interest rates may boost future COLAs if inflation rises. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected ...