Benefits and money
Benefit changes and news
What changed, when, and where it came from. We check official sources and update this page by hand; it is not an automatic feed.
Changes, newest first
ABLE accounts: the 2027 yearly limit is $20,000
The IRS set the 2027 gift tax exclusion at $20,000, up from $19,000 in 2026. That number is the yearly limit for ABLE contributions from everyone combined. People who work and have no workplace retirement plan can put in more from their own pay.
Source: IRS: tax year 2027 inflation adjustments (IR-2026-133)
VA disability rates: December 2026 increase not posted yet
VA.gov still shows the rates that started December 1, 2025 (for example $180.42 a month at 10% and $3,938.58 at 100% for a veteran alone). VA proposed a 3.6% increase from December 1, 2026. We will post the new table when VA does.
Source: VA: compensation rates
VA burial allowance went up for deaths on or after October 1, 2026
For a death not related to service: up to $1,032 for burial and $1,032 for a plot. A headstone or marker allowance is $420. A death related to service can get up to $2,000.
Source: VA: burial allowance
Medicare open enrollment runs October 15 to December 7
Compare drug plans and Medicare Advantage plans for 2027. With Extra Help in 2027, generic drugs cost up to $5.80 and brand drugs up to $14.40, and you pay $0 once your drug costs reach $2,400.
Social Security and SSI go up 3.6% in 2027
SSISupplemental Security Income: monthly payments from Social Security for people with disabilities who have low income and few savings. becomes $1,029 a month for one person and $1,544 for a couple. Substantial gainful activity becomes $1,770 a month ($2,950 if blind). A trial work month is any month you earn over $1,270. The student earned income exclusion is $2,500 a month, up to $10,080 a year. SSI savings limits stay at $2,000 and $3,000.
Source: SSA 2027 COLA Fact Sheet
ABLE accounts opened to people whose disability started before age 46
It used to be before age 26. About 6 million more people can now open an account.
Source: SSA: ABLE accounts and SSI
Coming up
- 2027 Medicare Part B premium and deductible. CMS usually announces these in November. Not out as of November 9, 2026.
- 2027 Medicare Savings Program and Extra Help income limits. These usually change in the spring. The 2026 limits are on our Medicare page.
- 2027 federal poverty guidelines. HHS usually publishes them in January. Lifeline, the ABLE work limit and many state programs use them.
- December 2026 VA disability rates. Waiting on VA to post them.
Last checked November 9, 2026.
See something out of date? Tell us and we will fix it.