USA Payroll Changes - 2026

1. Minimum salary/Wage changes by state

• Arizona - $15.15/hr
• California - $16.90/hr
• Colorado - $15.16/hr
• Connecticut - $16.94/hr
• Florida - $15.00/hr by Sept 30, 2026
• Hawaii - $16.00/hr
• Maine - $15.10/hr
• Michigan - $13.73/hr
• Minnesota - $11.41/hr
• Missouri - $15.00/hr
• Nebraska - $15.00/hr
• New Jersey - $15.92/hr (6+ employees)
• New York - $17.00/hr (NYC, Long Island, Westchester) | $16.00/hr statewide
• Ohio - $11.00/hr
• Rhode Island - $16.00/hr
• South Dakota - $11.85/hr
• Vermont - $14.42/hr
• Virginia - $12.77/hr
• Washington - $17.13/hr

Source: ADP

2. Federal adjustments

Standard deduction:

• Married filing jointly: $32,200
• Single / Married filing separately: $16,100
• Head of Household: $24,150

Social security earnings limits:

• Taxable maximum earnings: $184,500
• Under full retirement age: $24,480 limit
  - $1 is reduced for every $2 earned above the limit
• Reaching full retirement age in 2026: $65,160 limit
  - $1 is reduced for every $3 earned above the limit until retirement month

3. Social security & benefits 

Cost-of-Living Adjustment (COLA):

• 2.8% increase for social security & SSI benefits
• Impacts ~75 million americans

Effective dates:

• Social security beneficiaries: January 2026 (~71M recipients)
• SSI recipients: December 31, 2025 (~7.5M recipients)
  Some individuals receive both.

4. Upcoming

• State income tax changes scheduled for July 2026