Social Security beneficiaries can expect significant changes in 2026, including a 2.8% cost-of-living adjustment (COLA) announced later than usual due to a government shutdown. Additionally, the earnings test limit for those receiving benefits before full retirement age will increase. In 2026, individuals can earn up to $24,480 before benefits are withheld, a rise from the previous year's $23,400 threshold. These adjustments aim to allow recipients to earn more without immediate benefit reduction.