US Social Security 2026: 2.8% COLA and Key Updated Figures
US Social Security and SSI payments rose by 2.8% for 2026. The maximum earnings subject to Social Security tax also increased to $184,500.
US Social Security and Supplemental Security Income payments increased by 2.8% for 2026. The annual cost-of-living adjustment, or COLA, affects around 75 million people.
When did the 2.8% increase begin?
Social Security beneficiaries began receiving the higher amounts with payments due in January 2026. SSI recipients received the first increased January payment on 31 December 2025 because New Year’s Day is a federal holiday.
How much did average retirement benefits change?
SSA estimated that the average retired-worker benefit would rise from about $2,015 to about $2,071 a month after the 2.8% COLA. Individual payments vary based on each person’s earnings record and circumstances.
What else changed in 2026?
The maximum amount of earnings subject to Social Security tax increased to $184,500 in 2026.
The federal maximum SSI payment is $994 a month for an eligible individual and $1,491 for an eligible couple before reductions for countable income or other adjustments.
What newcomers should know
Social Security eligibility is based on specific US work-credit, residency and programme rules. Moving to the United States does not automatically make someone eligible for these payments. If you are already a beneficiary, check your personal SSA account or official notice for your exact amount.
For broader practical information, see Babylon’s United States country guide.
Official sources
FAQ
Did every Social Security recipient get exactly 2.8% more?
The COLA is 2.8%, but the actual dollar change depends on the person’s benefit and any deductions or offsets.
