In 2026, Social Security benefits will increase by 2.8%, with the average monthly retirement benefit rising to $2,071. However, Medicare premiums are also rising, potentially offsetting this increase. The earnings-test limits will also rise, affecting those who work while receiving benefits. The maximum monthly benefit at full retirement age will increase to $4,152, with a maximum possible benefit of $5,251 for those who delay. The wage cap for Social Security taxes is rising to $184,500, and the value of work credits is increasing to $1,890 in 2026. Be prepared for these changes to your benefits and finances in the new year.

Read more at Nasdaq: New Year, New Rules: 5 Social Security Changes for 2026