|
|
Tax Rates & Limits - 2025
|
| Below are the Tax Rates & Limits for the current year. This information is available for reference or can be used to help calculate manual (off-line) or hand-written checks. If you have additional tax rate or limit questions, Contact Us and we will quickly provide you with the information you need. |
| EE Tax |
Rate |
Max Gross |
Max Deduction |
|
| FICA OASDI |
6.20% |
$176,100.00 |
$10,918.20 |
| FICA MedHi |
1.45% |
No Limit |
No Max |
| Total FICA |
7.65% |
|
|
| Addtl MedHi |
0.90% |
(in Excess of |
$200,000.00) |
|
| CA SDI |
1.20% |
No Limit |
No Max |
|
|
| Supp FWH |
22.00% |
(Supplemental |
Wages) |
| Excess FWH |
37.00% |
(Excess Wages |
Over $1 Million) |
|
| Supp CA WH |
6.60% |
(Supplemental |
Wages) |
|
10.23% |
(Bonuses & |
Stock Options) |
| ER Tax |
Rate |
Max Gross |
Max Deduction |
|
| FICA OASDI |
6.20% |
$176,100.00 |
$10,918.20 |
| FICA MedHi |
1.45% |
No Limit |
No Max |
| Total FICA |
7.65% |
|
|
|
| FUTA |
0.60% |
$7000.00 |
$42.00 |
|
| CA SUI (Def) |
3.40% |
$7000.00 |
Exp $ |
| CA ETT |
0.10% |
$7000.00 |
$7.00 |
| Plan Type |
|
Max Contribution |
|
| 401K/403b/457/501c & SEP |
|
$23,500.00 |
| Catch-Up (50+) $7,500.00 |
|
$31,000.00 |
|
| Catch-Up (60-63) $11,250.00 |
|
$34,750.00 |
|
| Individual IRA |
|
$7,000.00 |
| Catch-Up (50+) $1,000.00 |
|
$8,000.00 |
| SIMPLE IRA |
|
$16,500.00 |
| Catch-Up (50+) $3,500.00 |
|
$20,000.00 |
| Catch-Up (60-63) $5,250.00 |
|
$21,750.00 |
|
| Entity |
|
Minimum Wage |
|
Federal
Fed Contractors |
|
$7.25
$17.75 |
|
| State CA
|
|
$16.50 |
| Basis |
|
Rate |
|
| Per Mile |
|
$0.70 |
|
|
|