Massachusetts (MA) - 2022
Massachusetts Effective 1/1/2022
| Minimum Wage | Massachusetts | Federal |
|---|---|---|
| Minimum Wage | $14.25 | $7.25 |
| Minimum Cash Wage (Tipped Employee) | $6.15 | |
| Maximum Tip Credit | $8.10 | |
| State Income Tax | Massachusetts | Federal |
| Wage Withholding | Tables | |
| Supplemental Wage / Bonus Rate | 5.00% | |
| Unemployment Insurance | Massachusetts | Federal |
| Maximum 2022 Taxable Earnings (Unchanged from 2012) | $15,000 | |
| Employee 2021 Deduction | None | |
| Employer 2021 Tax Rates(Plus 0.69% solvency assessment and 0.056% workforce training fund surcharge) | 0.83 - 12.65% | |
| Standard 2021 New Employer Rate(Plus 0.76% solvency assessment and 0.056% workforce training fund surcharge) | 2.42% | |
| Voluntary Contribution Permitted | Yes | |
| Employer Medical Assistance Contribution 2021 Rates(0.12% fourth year of liability; 0.24% fifth year of liability; and 0.34% sixth year or later of liability) | 0.12 - 0.34% | |
| Workforce Training Fund 2022 Rate | 0.056% |
Federal (FED) - 2022
| Minimum Wage | Federal |
|---|---|
| Minimum Wage | $7.25 |
| FICA (MEDICARE) | Federal |
| Medicare Rate | 1.45% |
| Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match) | 2.35% |
| Maximum Taxable Earnings | No Limit |
| FICA (SOCIAL SECURITY) | Federal |
| Maximum Taxable Earnings (Increased from $142,800 in 2021) | $147,000 |
| Employee / Employer Tax Rate (Unchanged from 2019) | 6.20% |
| FUTA (EMPLOYER-PAID) | Federal |
| Supplemental Wage / Bonus Rates | Federal |
| Health Savings Accounts | Federal |
| Pension Plans | Federal |
| Catch-up Contribution Limit - 401(k) & 403(b) plans (age 50 or older) (Increase from 6,000 in 2019) | $6,500 |
| Contribution Limit - 401(k) & 403(b) plans (Increased from $19,500 in 2021) | $20,500 |
Massachusetts State Resources
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