The 2024 edition of our US employment tax rates and limits report is now available to reflect the current federal and state wage limits and tax rates.

You can download the 2024 report here.

Our report, US employment tax rates and limits for 2024 includes:

• Social Security wage base for 2024
• Qualified pension plan limits for 2024
• Health Savings Account limits for 2023 and 2024
• Fringe-benefit inflation adjustments and Form W-2 penalties for 2024
• Federal mileage rates and luxury vehicle limits for 2024
• Per diem rates under high-low substantiation method for 2024
• 2022 — 2023 federal unemployment insurance (FUTA) credit reduction
• State unemployment insurance wage base limits and tax rates for 2024
• Disability and paid family leave insurance wage base and rates for 2024
• Federal income tax withholding for 2024
• State income tax withholding and supplemental withholding rates for 2024 with links to the most current withholding formulas

Note that state rates and limits can change throughout the year, so follow this page for the most current updates.

For the 2019 final rates and limits, view our publication, US employment tax rates and limits for 2019.

For the 2020 final rates and limits, view our publication, US employment tax rates and limits for 2020.

For the 2021 final rates and limits, view our publication, US employment tax rates and limits for 2021.

For the 2022 final rates and limits, view our publication, US employment tax rates and limits for 2022.

For the 2023 final rates and limits, view our publication, US employment tax rates and limits for 2023.