Iowa taxable wage base and weekly benefit amounts to increase

08 August 2017

The Iowa Workforce Development Department announced that the state unemployment insurance (SUI) taxable wage base will increase to $29,900 for calendar year 2018, up from $29,300 for 2017. (News release, Iowa Workforce Development Department, June 23, 2017.)

Increase in weekly benefits

The Department also announced that minimum and maximum weekly SUI benefits increases effective July 2, 2017. The rise in UI benefits was triggered by an increase in wages covered by unemployment insurance. The average annual wage for insured Iowa workers increased to $44,722.93 in 2016, up from $43,878.12 the previous year. The new benefit payment schedules will apply to people who file new SUI claims on and after July 2, 2017.

Iowa minimum and maximum weekly benefits effective July 2, 2017

Number of dependents	Maximum percentage of statewide average weekly wage	Maximum weekly benefit amount effective 7-2-2017	Minimum weekly benefit amount effective 7-2-2017	Maximum weekly benefit amount effective 7-3-2016
0	53	$ 455.00	$ 68.00	$ 447.00
1	55	$ 473.00	$ 71.00	$ 464.00
2	57	$ 490.00	$ 74.00	$ 480.00
3	60	$ 516.00	$ 78.00	$ 506.00
4 or more	65	$ 559.00	$ 82.00	$ 548.00

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Contact Information
For additional information concerning this Alert, please contact:

Workforce Advisory Services — Employment Tax Advisory
• Debera Salam	(713) 750-1591
• Kristie Lowery	(704) 331-1884
• Kenneth Hausser	(732) 516-4558
• Debbie Spyker	(720) 931-4321

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ATTACHMENT

EY Payroll News Flash

Document ID: 2017-1295