Quick Facts

2017 Quick Facts

2017 Social Security Wage Base: $127,200

2017 Social Security Rate For Both Employee & Employer: 6.2%

2017 Medicare Rate For Employer: 1.45%

2017 Medicare Rate For Employee: 1.45% with an additional .9% on wages exceeding $200,000

2017 NYS Unemployment Wage Base: $10,900

2017 Federal Unemployment Wage Base: $7,000

2016 Quick Facts

2016 Social Security Wage Base: $118,500

2016 Social Security Rate For Both Employee & Employer: 6.2%

2016 NYS Unemployment Wage Base: $10,700

2016 Federal Unemployment Wage Base: $7,000

2015 Quick Facts

2015 Social Security Wage Base: $118,500

2015 Social Security Rate For Both Employee & Employer: 6.2%

2015 NYS Unemployment Wage Base: $10,500

2015 Federal Unemployment Wage Base: $7,000

2015 NYS Minimum Wage: $8.75 eff. 12/31/2014