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Social Security recipients may see a 2.8% cost-of-living adjustment in 2026, but this may not keep up with inflation.

Medicare Part B premiums are expected to rise by an estimated $21.50 per month, one of the largest increases in program history.

Medicare Part D prescription drug plan premiums will be allowed to increase more in 2026 than they were in 2025.

The good news first. Social Security recipients may see a 2.8% rise in their monthly checks next year, according to the latest estimate based on the latest inflation report.

The bad news : that only works out to about an extra $52 a month for the average Social Security recipient and still may not keep up with inflation, Medicare Part B premiums are expected to jump an estimated $21.50 per month, and Part D

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