Social Security Changes in 2026: COLA Increase and Medicare Hikes

In 2026, people who get Social Security will see a small increase of 2.8% in their benefits, which is about $56 more each month.

However, this increase is less than the 3% inflation from the past year, so it might not cover the rising costs of things like food and bills.

Medicare Part B premiums will also go up by about $18, which is a 9.6% increase, making the new premium $202.90 per month.

The deductible for Medicare Part B will also increase by 10%, reaching $283.

These changes mean that while benefits are going up, the costs for healthcare are also increasing, which might make it harder for some people to make ends meet.