Social Security Instant
While benefits are going up, Medicare Part B premiums are also expected to rise by 9.7% (to roughly $202.90/month), which may swallow about 32% of the average retiree's COLA raise. 💡 Debunking Common Myths Historical Background and Development of Social Security
Benefits for nearly 71 million people will increase by 2.8% starting in January 2026 due to the Cost-of-Living Adjustment (COLA). SOCIAL SECURITY
When the Act was signed in 1935, it originally excluded farmworkers, domestic workers, and government employees. While benefits are going up, Medicare Part B