When does the 2026 Social Security COLA start and how much is it?

The 2026 Social Security COLA is 2.8%, applied to January payments. The average increase is about $56 per month across roughly 71 million beneficiaries. Actual raises vary by prior benefit. Check your January notice or SSA My Account to see your updated gross benefit and the net amount after deductions.

How are Social Security payments scheduled in 2026?

Most payments follow birthdays: 1st–10th pay on the second Wednesday, 11th–20th on the third Wednesday, and 21st–31st on the fourth Wednesday. People who began benefits before May 1997, or who also receive SSI, typically get paid on the 3rd. SSI usually pays on the first, or the prior business day.

Will Medicare Part B 2026 premiums reduce my raise?

Yes, higher Medicare Part B 2026 premiums are deducted from benefits, which can trim the net increase. Many will still see a positive gain. Review your January statement for the exact deduction. If you pay Part B directly, budget for the new premium and align bill due dates with your deposit day.

What does the higher 2026 payroll tax cap mean for businesses?

The Social Security payroll tax applies to wages up to $184,500 in 2026. Employers and higher earners will contribute more on pay above last year’s cap. This slightly raises U.S. labor costs, which can affect pricing, hiring, or margins. Model this impact if your company or portfolio has significant U.S. payroll exposure.

Global Market Insights

January 04: Social Security COLA 2026 Starts, Payment Dates Confirmed

ByHuzaifa Zahoor January 4, 2026January 4, 2026

The Social Security payment scale changes in 2026 as the 2.8% COLA begins with January payments. About 71 million beneficiaries receive roughly $56 more per month, while Medicare Part B 2026 premiums rise, trimming some gains. The full-year schedule is confirmed, with dates tied to birthdays and program type. For investors in India, this steady income lift can support U.S. consumer spending and healthcare demand. We explain the calendar, the net effect on checks, and what it signals for portfolios in IN.