Story perspectives

2026 Social Security Boost Offset by Rising Medicare Costs

12/26/2025

Summary

Story summary

In January 2026, Social Security beneficiaries will receive a 2.8% cost-of-living adjustment (COLA) based on inflation, averaging about $56 monthly for more than 70 million Americans.
Experts warn the COLA may be offset by an 11.6% rise in Medicare Part B premiums, negating benefits.
The Social Security Administration has moved to all-digital payments, ending physical checks.
A new tax deduction for seniors will reduce their tax burden and provide flexibility.

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Story summary

In January 2026, Social Security beneficiaries will receive a 2.8% cost-of-living adjustment (COLA) based on inflation, averaging about $56 monthly for more than 70 million Americans.
Experts warn the COLA may be offset by an 11.6% rise in Medicare Part B premiums, negating benefits.
The Social Security Administration has moved to all-digital payments, ending physical checks.
A new tax deduction for seniors will reduce their tax burden and provide flexibility.