Connecticut (CT) – 2024

Connecticut Effective 1/1/2024 Federal Effective 7/24/2009

Minimum WageConnecticutFederal
Minimum Wage$15.69$7.25
Minimum Cash Wage (Tipped): Tipped hotel or restaurant employees only$6.38
Minimum Cash Wage (Tipped): Tipped bartenders only$8.23
Minimum Cash Wage (Tipped): All other tipped employees$15.34
Maximum Tip Credit (Tipped): Tipped hotel or restaurant employees only$9.31
Maximum Tip Credit (Tipped): Minimum Cash Wage: Tipped bartenders only$8.23
Maximum Tip Credit (Tipped): All other tipped employees$0.35
Youth Minimum Wage$13.34$4.25
Comment*STATE: Industries other than agriculture or government may pay employees under the age of eighteen 85% of the state minimum wage for the first 200 hours of employment only.
State Income TaxConnecticutFederal
Wage Withholding (Net of exemption and credit table)Wage %
Supplemental Wage / Bonus RateNo Provision
Unemployment InsuranceConnecticutFederal
Maximum 2024 Taxable Earnings (Increased from $15,000 in 2023)$25,000
Employee 2024 DeductionNone
Employer 2024 Tax Rates(Includes 1.0% fund solvency surtax)1.1 – 11.0%
Standard 2024 New Employer Rate2.80%
Voluntary Contribution PermittedNo
Connecticut Disability InsuranceConnecticut
Paid Family Leave Insurance – Employee 2024 Deduction (Wage Base -$168,600)0.50% of employee’s wages
Paid Family Leave Insurance – Maximum Employee 2024 Deduction$843.00

Federal (FED) – 2024

Minimum WageFederal
Youth Minimum Wage$4.25
Maximum Tip Credit$5.12
Minimum Cash Wage (Tipped Employee)$2.13
Minimum Wage$7.25
FICA (MEDICARE)Federal
Additional Medicare Tax Withholding on Wages > $200,000 (No Employer Match)0.90%
Maximum Taxable EarningsNo Limit
Employee / Employer Tax Rate (Unchanged from 2023)1.45%
FICA (SOCIAL SECURITY)Federal
Maximum Taxable Earnings (Increased from $160,200 in 2022)$168,600
Employee / Employer Tax Rate (Unchanged from 2023)6.20%
FUTA (EMPLOYER-PAID)Federal
Normal Net Tax0.60%
Maximum Credit5.40%
Percent of Taxable Wages6.00%
Maximum Taxable Earnings$7,000
Health Savings AccountsFederal
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2023)$1,000
Family Contribution Limit (Employee / Employer) (Increased from $7,750 in 2023)$8,300
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,850 in 2023)$4,150
Pension PlansFederal
Catch-up Contribution Limit – 401(k) & 403(b) plans (age 50 or older) (Increase from 6,500 in 2023)$7,500
Contribution Limit – 401(k) & 403(b) plans (Increased from $22,500 in 2023)$23,000
Supplemental Wage / Bonus RatesFederal
Pay over $1 Million (Unchanged from 2023)37%
Flat Rate Withholding Method (Unchanged from 2023)22%

Connecticut State Resources

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