COLA boost to higher earnings cap and tax threshholds, the next year brings significant updates, however, healthcare cost could eat into the gains.
Social Security benefits rise 2.8% in 2026, but higher Medicare Part B premiums could offset some of the increase.
Social Security will deliver a 2.8% COLA in January 2026. The average retirement check will rise by around $56 per month.
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CMS confirms Medicare premium increase

Medicare beneficiaries face higher 2026 premiums, increasing pressure on fixed incomes as cost-of-living adjustments fail to ...
Medicare Part B 2026 increase is the second largest ever in dollar terms. It'll likely eat a big chunk of the Social Security ...
The co-signers of the bill have argued that inflation has pushed prices so far up that seniors need extra help.
A bill introduced by Senate Democrats would provide a six-month boost to Social Security benefits received by millions of ...
On November 13, 2025, the Internal Revenue Service (IRS) announced cost-of-living adjustments (COLAs) to the dollar limits on benefits ...
The monthly premium for Medicare Part B will rise significantly next year from $185 a month in 2025. What it means for Social Security payments.
If approved, the additional $200 increase would apply to more than SSI recipients. Here's who else would be eligible?
While a sizable COLA is often welcomed by retirees, it usually ends up being a double-edged sword. Inflation going up means ...