Employee & Employer

Social Security: 6.2% up to $160,200

Medicare: 1.45% , no limit

Employer Only

FUTA Tax Rate: 0.6% on first $7000

NY SUI Wage Base: $12,300

NY SUI Rate: Varies

NY SDI: .5% up to $0.60/wk

NY State Minimum Wage

$14.20 effective Jan. 1st, 2023

NY State Paid Family Leave

0.455% of wages capped at $399.43 annually

Effective January 1, 2020, eligible employees are entitled to up to 40 days of paid or unpaid sick leave depending on their full or part time status and their employers policies.