Loading ...A proposed bill, the
Social Security Emergency Inflation Relief Act, would provide a temporary, tax-free $200 monthly increase for Social Security and other benefit recipients from January to July 2026. This six-month boost is intended to help offset inflation costs for essentials like groceries and medication. The bill has been introduced in the Senate and is still pending, so it has not yet been passed into law.
- Purpose: To provide temporary relief from high inflation for those receiving Social Security and other related benefits.
- Amount: An additional $200 per month.
- Duration: January 2026 through July 2026 (six months).
- Eligibility: Social Security recipients, as well as those receiving Supplemental Security Income (SSI), veterans’ benefits, and Railroad Retirement payments.
- Taxability: The extra payment would be tax-free.
- Status: The bill is currently pending in Congress and has not yet been passed into law.