Big Changes Coming to Social Security in 2026: What You Need to Know

Social Security is always a hot topic for retirees. It's their main source of income, so they're always on the lookout for updates. In 2025, retirees had to wait a bit longer than usual to find out about the 2026 cost-of-living adjustment (COLA). The government shutdown delayed the release of a key inflation report, which in turn delayed the COLA announcement. Finally, on Oct. 24, seniors found out they'd be getting a 2. 8% COLA in 2026. But the COLA isn't the only change coming to Social Security in 2026. There are several other important updates that everyone, not just retirees, should be aware of. First, the earnings-test limits are going up. This means that if you're collecting benefits before your full retirement age and you're also working, you can earn more money before your benefits are withheld. In 2026, you can earn up to $24, 480 without having benefits withheld, up from $23, 400 in 2025. If you're reaching full retirement age in 2026, the limit is even higher, increasing from $62, 160 to $65, 160.Another change is the maximum monthly benefit. In 2025, the highest benefit available at full retirement age is $4, 018. Next year, it's going up to $4, 152. If you're signing up for Social Security at age 70 in 2026, the highest possible benefit you can get is $5, 251. However, most people don't come close to getting the maximum benefit. Social Security's wage cap is also rising. In 2025, earnings beyond $176, 100 aren't taxed. Next year, that cap is increasing to $184, 500. This change will only affect high earners. Finally, Social Security work credits will be harder to earn. The value of a work credit is rising from $1, 810 to $1, 890 in 2026. If you're working part-time and want to collect the maximum number of credits, you may need to increase your hours. While the COLA is the most talked-about change, these other updates are also important. Whether you're already collecting benefits or years away from that point, it's important to stay informed about Social Security.