Home › News
Updated weekly

State money news

Changes to wages, payroll taxes and money rules across the United States, explained in plain English with links to the official sources.

Advertisement
Medicare · All states

Medicare 2027: drug cost cap rises to $2,400 as open enrollment runs to December 7

Part D out-of-pocket costs and deductibles go up next year. Retirees have about a month left to compare plans.

Benefits · All states

HSA contribution limits rise to $4,500 and $9,000 for 2027

The IRS raised health savings account limits for next year. Open enrollment is the time to set your payroll contribution.

Federal tax · All states

2027 tax brackets: what we know before the IRS announcement

The IRS has not released next year's brackets yet. Early projections point to a standard deduction of about $16,600 for single filers.

Washington · Payroll

Washington Paid Family Leave premium rose to 1.13% in 2026

Washington workers have no state income tax, but this year's paid leave deduction is about 23% larger than last year's.

Ohio · Income tax

Ohio's new flat 2.75% income tax: what changed on your paycheck

Ohio replaced its brackets with a single 2.75% rate in 2026 and updated withholding tables in August.

Georgia · Income tax

Georgia cuts income tax to 4.99% and raises the standard deduction

A larger standard deduction and a lower flat rate mean a typical Georgia worker keeps a few hundred dollars more in 2026.

All states · Wages

Minimum wage increases coming January 1, 2027

About 15 states will raise their minimum wage on New Year's Day. Here is where pay is going up and by how much.

Payroll taxes · All states

Social Security wage base rises to $192,300 in 2027

Higher earners will see more Social Security tax taken out next year, while retirees get a 3.6% raise.

Washington · Wages

Washington's minimum wage rises to $17.73 in 2027, the highest in the nation

The 3.5% inflation increase takes effect January 1. Salaried workers at larger employers need at least $92,196 to be exempt from overtime.

Florida · Wages

Florida's minimum wage reaches $15 an hour

The final step of a voter-approved amendment took effect September 30. Future raises will follow inflation starting in 2028.

California · Wages

California minimum wage will rise to $17.40 an hour in 2027

The statewide rate goes up 50 cents on January 1, and the salary needed for overtime exemption climbs to $72,384.