Social Security Changes in 2026 - The Sun
You will see your monthly Social Security payments increase by 2.8% due to the cost-of-living adjustment (COLA). However, you need to factor in that the cost of Medicare Part B has increased to $202.90 for 2026, up from $185 in 2025, and this will reduce your benefit by $17.90.
For those who’ve claimed benefits early, the amount you are allowed to earn if you start to collect your benefits and continue to work before your full retirement age (FRA) has risen from the annual limit of $23,400 in 2025 to $24,400 in 2026, an increase of $1,080. Those who will reach their FRA in 2026 will be able to earn $65,160 before the month they reach their FRA, an increase of $3,000 from the 2025 limit of $62,160. The earnings limit ends in the month you reach your FRA.
Higher-income earners will pay more Social Security taxes on their earnings, because the taxable maximum has been increased in 2026 to $184,500, up from $176,100 in 2025.
The following article, written by Maja Lazene, also includes pointers on increasing your retirement income. Remember, Social Security was never meant to be your only source of retirement income. Click here… to read the full article.
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