Social Security benefits rose by 2.8% in January 2026. The average retired worker now receives $2,071 monthly. This $56 increase helps cover rising housing costs. However, Medicare Part B premiums jumped to $202.90, offsetting some gains. New retirees may see checks near $2,100 by year-end. High earners retiring at age 70 can claim up to $5,108. New state tax deductions offer extra relief for seniors.
