What big changes are coming to Social Security in 2026?
The Social Security Administration implemented several key adjustments for 2026 to help benefits keep pace with economic shifts. Most notably, a 2.8% Cost-of-Living Adjustment (COLA) took effect, raising the average monthly retirement check to help offset inflation. Additionally, the full retirement age officially reached 67 for all qualifying individuals born in 1960 or later. Other structural changes include an increase in the maximum taxable wage base to $184,500, higher earnings test limits for beneficiaries who continue working while claiming early benefits, and adjustments to the amount of earnings required to earn standard Social Security work credits.
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