Social Security update: The reason April stimulus payments may be less than usual for Americans

Social Security payments for April 2026 are projected to include a 2.8% Cost-of-Living Adjustment (COLA) increase, but Medicare Part B premiums rising to $202.90 will offset these gains for over 75 million Americans. The net effect reduces real income despite nominal payment increases, impacting fixed-income retirees and disabled beneficiaries relying on Social Security benefits.

Social Security payments April 2026 look higher but feel smaller for millions. Over 75 million Americans depend on these monthly benefits. A 2.8% COLA increase added modest gains this year. But Medicare Part B premiums surged to $202.90, cutting real income. …