2026 Updated Figures for Elder Law and Special Needs Planning

February 10th, 2026

2026 Updated Figures for Elder Law and Special Needs Planning

Each new year brings updated financial limits and thresholds for estate planning, long‑term care, and special needs planning. Below are the key numbers for 2026.

Estate and Gift Tax

  • Federal lifetime gift and estate tax exemption: $15 million per individual, $30 million for married couples.
  • Maine estate tax exemption: $7,160,000 per individual.
  • Annual federal gift tax exclusion: $19,000 per donee.
  • No gift tax is imposed by Maine.

Social Security and Medicare

  • COLA increase of 2.8%.
  • Supplemental Security Income (SSI) full benefit rate: $994 for individuals, $1,491 for couples.
  • Medicare Part B standard monthly premium: $202.90.
  • Skilled nursing facility daily coinsurance (days 21–100): $217 per day.

MaineCare (Maine’s Medicaid)

  • Income limit for community MaineCare: $1,305 per month. Income limit for MaineCare waiver programs (such as MaineCare in-home nursing services): $2,982 per month.
  • Asset limit for an individual remains at $10,000. Community spouse resource allowance for MaineCare nursing home benefits: $162,660.
  • Penalty divisor for transfers within five years of applying for MaineCare long-term care benefits (in-home care, residential care, or nursing home care): $12,294, set to increase in June 2026.

Other Benefit Planning

  • ABLE account annual contribution limit: $20,000.
  • QMB (Medicare Savings Program) and DEL (Drugs for the Elderly and Disabled) monthly income limit: $2,413 for individuals, $3,261 for couples.
  • Asset limit for public housing (subsidized housing, Section 8 housing): $105,574. This limit often does not apply to existing recipients, just new applicants.

Plan Ahead for Peace of Mind

These updated figures highlight the importance of proactive planning. Whether you’re considering estate strategies, long-term care options, or special needs planning, understanding these limits ensures you make informed decisions to protect your family and assets.

Categories: Long-Term Care Planning, Medicaid / MaineCare, Supplemental Security Income (SSI)