What the One Big Beautiful Bill Means for Your Social Security and Medicare Benefits
Social Security Updates: Big Tax Relief for Seniors
A new deduction for individuals 65 and older means nearly 90% of Social Security recipients will pay little to no federal income tax on their benefits. This is a major win for retirees looking to stretch their Social Security checks further.
Read more on Social Security Blog
Medicare Changes: Prior Authorization in Traditional Medicare
Starting January 1, 2026, Medicare rolls out the WISeR model in six states: New Jersey, Ohio, Oklahoma, Texas, Arizona, and Washington. This program introduces prior authorization requirements for 17 services like sleep apnea devices, nerve stimulators, and certain surgeries to curb unnecessary treatments.
Read more on Kiplinger Medicare Prior Authorization
Prescription Drug Cost Protections
Big savings continue for Medicare Part D users:
In 2026, the annual out-of-pocket cap rises slightly from $2,000 to $2,100.
Other recent reforms like $35 insulin caps and elimination of 5% catastrophic coinsurance remain in effect.
Read more on PAN Foundation on Medicare Drug Reforms
I am committed to keeping you informed about important updates throughout the year. Also, please note my new business email: kendra@nesteggretire.com —try to use this email for any future communication.
