A 2.8% COLA raises gross benefits; $1,500 becomes about $1,542, but net deposits may not rise.
Medicare Part B premium rises to $202.90, ↑$17.90 vs 2025; higher-income retirees may face IRMAA withholdings.
Taxes depend on combined income; thresholds can make up to 50% or 85% of benefits taxable.
Working before full retirement age can trigger withholding; later recalculation and new earnings reviews can lift benefits.
Overpayments can cut future checks via withholding up to 50% monthly, sometimes 100%, after notice and appeal options.
Social Security Checks May Change in 2026
