Your Social Security Changes in 2026
π΅ 2.8% Raise: Starting January 2026, Social Security benefits increase. The average monthly benefit is now $1,927.
π₯ Medicare Part B: Premium is $185/month, automatically deducted. Your net gain is roughly $40/month.
π Tax Breaks for Seniors: If youβre 65 or older, you may qualify for tax deductions on Social Security benefits, potentially saving money. Check with a tax professional or AARP Tax-Aide.
β οΈ What to Do:
- Verify your March payment includes the increase.
- Review your Medicare plan before March 31 if you want changes.
- Be alert for scams; SSA never calls asking for personal info.
Stay informed and make the most of your benefits!
π Sources: Social Security Administration (SSA), AARP