3 Social Security Changes You May Have Missed in 2026
The Motley Fool
by newsfeedback@fool.com (Maurie Backman)February 19, 2026
AI-Generated Deep Dive Summary
The Social Security program continues to evolve, introducing changes that can significantly impact beneficiaries. While the 2.8% cost-of-living adjustment (COLA) for 2026 was widely publicized, there are other updates that may have flown under the radar but are equally important for financial planning. These adjustments aim to address inflation and improve benefit calculations, ensuring that retirees receive more accurate and fair payments.
One key change is the implementation of a new formula for calculating COLA, which factors in broader economic indicators to better reflect living expenses. Additionally, Social Security will introduce an "average index monthly" (AIM) adjustment for married couples receiving spousal benefits. This adjustment ensures that benefits are calculated based on a more comprehensive average of past earnings, potentially increasing payments for some recipients.
Another significant update is the introduction of enhanced online tools and resources for beneficiaries to track their benefits and understand these changes. These tools provide clearer insights into how COLA and AIM adjustments affect individual payouts, empowering individuals to make informed financial decisions. Understanding these updates is crucial for anyone relying on Social Security, as they can directly impact retirement income and overall financial stability.
For those invested in finance or nearing retirement age, staying informed about Social Security changes is essential. These updates not only affect current beneficiaries but also influence long-term financial planning for future retirees. By keeping abreast of these adjustments, individuals can better manage their expectations and ensure they are making sound financial decisions.
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Originally published on The Motley Fool on 2/19/2026