Many retirees glance at their Social Security deposit each month and assume everything is correct. However, a growing number of beneficiaries are taking a closer look at their 2026 benefit statements after noticing changes in the amount that actually lands in their bank account. The reason often comes down to Medicare deductions, which can significantly impact a retiree’s net Social Security payment. With the standard Medicare Part B premium rising to $202.90 per month in 2026 (the first time it has exceeded $200), many seniors are finding that their actual benefit increase feels smaller than expected. Here’s why…
