2025 Payroll Tax Rates and Limits
(for the 2024 Payroll Tax Rates and Limits, click here)
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|
FEDERAL
|
| Social Security - Employee |
| Taxable Limit |
$176,100 |
| Tax Rate |
6.2% |
| Tax Limit |
$10,918.20 |
| |
|
| Medicare - Employee |
| Taxable Limit |
Unlimited |
| Tax Rate: |
|
| Up to $200,000 |
1.45% |
| Over $200,000 |
2.35% |
|
| Social Security - Employer |
| Taxable Limit |
$176,100 |
| Tax Rate |
6.2% |
| |
|
| |
|
| Medicare - Employer |
| Taxable Limit |
Unlimited |
| Tax Rate |
1.45% |
| FUTA - Employer |
| Taxable Limit |
$7,000 |
| Tax Rate |
0.6%* |
| Tax Limit |
$42 |
*rate may be subject to additional
1.2% at year-end |
|
CALIFORNIA
|
| SDI - Employee |
| Taxable Limit |
Unlimited |
| Tax Rate |
1.2% |
| |
|
|
| SUI - Employer |
| Taxable Limit |
$7,000 |
| Tax Rate |
Varies by Employer |
| |
|
|
| |
| 401(k) Contributions |
| Under Age 50 |
$23,500 |
| Ages 50 to 59 |
$31,000 |
| Ages 60 to 63 Only |
$34,750 |
| Over Age 64 |
$31,000 |
|
| Business Mileage Rate |
| Business $.70/mile |
|
