California (CA) – 2021
California
| Minimum Wage | California | Federal |
|---|---|---|
| Minimum Wage | $14.00* | $7.25 |
| Minimum Cash Wage (Tipped Employee) | $14.00* | $2.13 |
| Maximum Tip Credit | Not Allowed | $5.12 |
| State Income Tax | California | Federal |
| Wage Withholding | Tables | |
| Supplemental Wage / Bonus Rate | 6.6%, except 10.23% for BONUSES and earnings from STOCK OPTIONS | |
| Unemployment Insurance | California | Federal |
| Maximum 2021 Taxable Earnings (Unchanged from 2020) | $7,000 | |
| Employee 2021 Deduction | None | |
| Employer 2021 Tax Rates (Plus 0.1% employment training tax assessed on most employers) | 1.5 – 6.2% | |
| Standard 2021 New Employer Rate (Plus 0.1% employment training tax) | 3.40% | |
| Voluntary Contribution Permitted | No | |
| Disability Insurance | California | Federal |
| Maximum 2021 Taxable Earnings (Increased from $122,909 in 2020) | $128,298 | |
| Employee 2021 Deduction (Increased from 1.0% in 2020) | 1.20% | |
| Maximum 2021 Employee Deduction | $1,539.58 | |
| Employer Contribution | None |
Federal (FED) – 2021
| Minimum Wage | Federal |
|---|---|
| Minimum Wage | $7.25 |
| Minimum Cash Wage (Tipped Employee) | $2.13 |
| Maximum Tip Credit | $5.12 |
| Youth Minimum Wage | $4.25 |
| FICA (MEDICARE) | Federal |
| Maximum Taxable Earnings | No Limit |
| Medicare Rate | 1.45% |
| Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match) | 0.90% |
| FICA (SOCIAL SECURITY) | Federal |
| Maximum Taxable Earnings (Increased from $137,700 in 2020) | $142,800 |
| Employee / Employer Tax Rate (Unchanged from 2019) | 6.20% |
| FUTA (EMPLOYER-PAID) | Federal |
| Maximum Taxable Earnings | $7,000 |
| Percent of Taxable Wages | 6.00% |
| Maximum Credit | 5.40% |
| Normal Net Tax | 0.60% |
| Health Savings Accounts | Federal |
| Self-Only Contribution Limit (Employee / Employer) (Increased from $3,550 in 2020) | $3,600 |
| Family Contribution Limit (Employee / Employer) (Increased from $7,100 in 2020) | $7,200 |
| Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2020) | $1,000 |
| Pension Plans | Federal |
| Contribution Limit – 401(k) & 403(b) plans (Unchanged from 2020) | $19,500 |
| Catch-up Contribution Limit – 401(k) & 403(b) plans (age 50 or older) (Increase from 6,000 in 2019) | $6,500 |
| Supplemental Wage / Bonus Rates | Federal |
| Flat Rate Withholding Method (Unchanged from 2020) | 22% |
| Pay over $1 Million (Unchanged from 2020) | 37% |
California State Resources
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