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2026 Social Security Boost Risks Erosion from Rising Medicare Costs

7/20/2025

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Summary

Story summary

In 2026, Social Security beneficiaries could receive a 2.7% Cost of Living Adjustment (COLA), but this boost may be diminished by rising Medicare Part B premiums, hitting low-income recipients the hardest. The official announcement will be made in October, relying on Consumer Price Index data collected from July to September.

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Story summary

In 2026, Social Security beneficiaries could receive a 2.7% Cost of Living Adjustment (COLA), but this boost may be diminished by rising Medicare Part B premiums, hitting low-income recipients the hardest. The official announcement will be made in October, relying on Consumer Price Index data collected from July to September.