Skip to content

Social Security Changes in 2016

Here’s what to look for in your benefits check and your paycheck deductions

  • social security changes 2016 - No raise

    No Raise

    En español | Social Security beneficiaries won't get a cost-of-living adjustment (COLA) because of low inflation. This will be the third time since 2010 that beneficiaries won't get a raise.  

    1 of 7
  • social security changes 2016 - Average Monthly Social Security Benefit

    Average Monthly Social Security Benefit

    The maximum monthly benefit for workers retiring at full retirement age is $2,639. The average monthly benefit for all retired workers is $1,341.

    2 of 7
  • social security changes 2016 - Good-bye Claiming Strategies

    Goodbye Claiming Strategies

    Some popular "file and suspend" claiming strategies that allow married couples to claim larger Social Security benefits than Congress intended will be eliminated. Couples who are eligible now have until the end of April 2016 to enter into a claiming strategy before the loopholes are closed.

    3 of 7
  • Discover Yourself Through Your Work

    AARP Offer: Discover Yourself Through Your Work

    Discover tools and resources to achieve successful next steps for career and retirement
      Join AARP today for great job information and discounts

    4 of 7
  • social security changes 2016 - Medicare Premiums Go Up – For Some

    Medicare Premiums Go Up – for Some

    With no COLA, 70 percent of Medicare beneficiaries won't see an increase in Medicare Part B premiums. For the rest, though, base premiums are going up from $104.90 to $121.80 per month.

    5 of 7
  • social security changes 2016 - Disability Benefits Secured

    Disability Benefits Secured

    The trust fund that pays disability benefits was set to run out of reserves in 2016, triggering a 20 percent cut for the nearly 11 million beneficiaries. Instead, over the next three years, more payroll tax money will be diverted to the disability fund, securing full benefits through 2022.

    6 of 7
  • Retirement, social security, careers, spending money

    View More Slideshows

    Renew Membership
     — Continue your AARP benefits, discounts, magazine & more

    7 of 7