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What you need to know about 2026 Social Security changes - CPA Practice Advisor
Social Security is an ever-changing program and, for the most part, that is a good thing. For example, the program changes annually to accommodate inflation via COLA (cost of living adjustments). But other Social Security factors also change, some of which mean you need to exercise caution so that you don’t hurt your monthly benefit amount or apply for benefits too early. This CPA Practice Advisor article by Sarah Moreno of the Miami Herald explains what Social Security changes you need to be aware of as we enter the year 2026, including that the full retirement age is changing for younger retirees and, especially, the penalty you might incur if you claim benefits early while still working. Click here to read this CPA Practice Advisor article.
If you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. All questions are answered quickly, at no charge. Learn more about it here…