7 months ago
Social Security payments increase in 2026
In 2026, Social Security benefits will increase by 2.8% for 75 million Americans.
This is called a cost-of-living adjustment (COLA) and helps benefits keep up with inflation.
The maximum amount of earnings subject to Social Security tax has also increased to $184,500.
For workers under retirement age, the earnings limit is now $24,480, and for those reaching retirement age, it's $65,160.
Payments will be made on the second, third, or fourth Wednesday of each month, depending on the recipient's birth date.
Supplemental Security Income (SSI) payments will be made on the 1st of each month, unless it's a holiday or weekend, in which case they will be made on the last day of the previous month.
The increase means that retired workers will receive $2,071 per month instead of $2,015, and other beneficiaries will also see increases in their payments.
Social Security benefits increased by 2.8% in 2026, up from 2.5% in 2025.
Maximum taxable earnings for Social Security increased to $184,500.
Earnings limit for workers under retirement age increased to $24,480.
Earnings limit for those reaching retirement age in 2026 increased to $65,160.
Payment schedule for Social Security benefits is based on the recipient's birth date, with payments on the second, third, or fourth Wednesday of each month.
- Who
- 75 million Americans receiving Social Security benefits
- What
- Increase in Social Security and SSI payments due to cost-of-living adjustments (COLA)
- Where
- United States
- When
- Starting January 2026
- Why
- To keep benefits at pace with inflation
Key facts
- COLA Increase
- 2.8%
- Maximum Taxable Earnings
- $184,500
- Earnings Limit (Under Retirement Age)
- $24,480
- Earnings Limit (Reaching Retirement Age)
- $65,160
- Payment Schedule
- 2nd, 3rd, or 4th Wednesday of each month
- SSI Payment Date
- 1st of each month (or last day of previous month if 1st is a holiday or weekend)
