The Economic Times News

Your first Social Security check in 2026: How the 2.8% Social Security COLA changes monthly checks?

Millions of seniors will see a 2.8% COLA increase in their 2026 Social Security checks. This adds roughly $56 monthly to average retirement benefits starting this January. However, surging 11.6% Medicare Part B premiums will offset these gains for many. A new $6,000 tax deduction helps shield income as payments move fully digital. Scroll down to see exactly when your first 2026 payment arrives.