The Social Security 'Trump Bump': Why the Tariff-Induced 2.8% Raise Falls Short for Retirees
Social Security benefits will receive a 2.8% COLA in 2026, but rising Medicare Part B premiums will significantly reduce seniors' net benefit increase.
This Is the Average Social Security Benefit for 2026. Is it Enough?
Average Social Security benefits, even with a 2.8% COLA in 2026, will likely fall far short of typical retiree spending, requiring supplemental income.
The 7 Biggest Changes To Social Security This Year
Social Security changes in 2026 include a 2.8% COLA, higher Medicare Part B premiums, FRA rising to 67 for those born 1960+, and an adjusted taxable wage base.
Medicare Part B premiums to rise nearly 10% in 2026
Medicare Part B standard monthly premium will rise to $202.90 in 2026 and the annual deductible to $283, driven by projected price and utilization increases.