Social Security Payment Schedule and How COLA Works

Staying informed about Social Security and Medicare updates is so important for those I support. In 2026, Social Security payments will continue to follow the current schedule—payments are organized by birthdate and sent out on Wednesdays, while SSI arrives on the first of each month, with adjustments if a holiday falls on those dates. There’s also a 2.8% Cost of Living Adjustment (COLA), which means an average increase of $56 per month in benefits. However, it’s important to note that this increase could be balanced out by higher Medicare Part B premiums. My goal is to help Medicare members understand these changes and how they might affect your monthly budget, so you can plan ahead with confidence.