3 Social Security Changes Coming Faster Than You'd Think

Group 1 - Social Security recipients will see an increase in their benefits due to a projected 2.7% cost-of-living adjustment (COLA) in 2026, which is higher than the 2.5% increase in 2025 [4][5] - The full retirement age (FRA) is changing, with individuals born in 1960 or later having an FRA of 67, meaning they will need to wait longer to claim full benefits compared to those born earlier [6][7] - Delaying the claim beyond FRA can result in delayed retirement credits, increasing benefits by 2/3 of 1% per month, or 8% annually, up to age 70, providing a potential financial advantage for retirees [8]