Employee Taxes

Tax Code Rate(%) Wage Limit Maximum Amount
Medicare 1.45 Up to $200k $2,900.00
Medicare 2.35 Over $200k No Maximum
Social Security 6.20 $118,500 $7,347.00
State Disability (CA SDI) 0.90 $104,378 $939.40 (Incl. Paid Family Leave)

Employer Taxes

Tax Code Rate(%) Wage Limit Maximum Amount
Medicare 1.45 No Limit No Maximum
Social Security 6.20 $118,500 $7,347.00
FUTA
0.60 $7,000 $42 per employee
CA SUI 3.40 $7,000 Varies by rate
CA ETT 0.10 $7,000 Varies by rate

Retirement Plan Limits

Retirement Plan Type < 50 Years 50 Years Old or More
401K, 403B, Roth, SEPs, 457b $18,000 $24,000
408P SIMPLE Plan $12,500 $15,500
501c Plan $18,000 N/A