We’re excited to announce that our 2021 Quick Wage & Tax Guide is now available to you.
In this guide, you will find state-by-state wage information, unemployment insurance rates, and federal numbers for taxable wages, contribution limits, and more.
Key highlights for you to know.
2021 minimum wage updates are available across 21 states and most became effective Jan. 1, 2021.
For earnings in 2021, the Social Security taxable wage base has increased to 142,800 (up from 137,700 in 2020).
Health savings accounts (HSA)
Individual contribution limit: Up to $3,600
Family contribution limit: Up to $7,200
Flexible spending accounts (FSA)
Individual contribution limit: Up to $2,750
Family contribution limit: $2,750 per FSA
401(k), 403(b), 457 & Roth 401(k): $19,500
Simple Plan IRA: $13,500
Click here to download your copy now.
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Disclaimer: Please note that this is not all-inclusive. Our guidance is designed only to give general information on the issues actually covered. It is not intended to be a comprehensive summary of all laws which may be applicable to your situation, treat exhaustively the subjects covered, provide legal advice, or render a legal opinion. Consult your own legal advisor regarding the specific application of the information to your own plan.