The Economic Times

2 tax changes are set to increase Social Security checks for millions of beneficiaries

Social Security beneficiaries could see bigger checks in 2026 as new federal tax changes take effect. Starting January 26, 2026, seniors can claim a new $6,000 Senior Bonus deductionor $12,000 for couplesslashing taxable income. Coupled with a 2.8% COLA increase, this historic tax relief shields more Social Security income, potentially eliminating federal tax liability for nearly 90% of retirees this filing season.