Rhode Island (RI) – 2017
Rhode Island
Minimum Wage | Rhode Island | Federal |
---|---|---|
Minimum Wage | $9.60 | $7.25 |
Minimum Cash Wage (Tipped Employee) | $3.89 | $2.13 |
Maximum Tip Credit | $5.71 | $5.12 |
Youth Minimum Wage | $8.64 | $4.25 |
State Income Tax | Rhode Island | Federal |
Wage Withholding | Tables | |
Supplemental Wage / Bonus Rate | 5.99% | |
Unemployment Insurance | Rhode Island | Federal |
Maximum 2017 Taxable Earnings (Insert Comment) | $22,400 Tier I Employers (Increased from $22,000 in 2016) | |
Employee 2017 Deduction | None | |
Employer 2017 Tax Rates | 0.99 – 9.59% (Plus 0.21% job development assessment) | |
Standard 2017 New Employer Rate | 1.83% (Plus 0.21% job development assessment) | |
Voluntary Contribution Permitted | Yes | |
Disability Insurance | Rhode Island | Federal |
Maximum 2017 Taxable Earnings | $68,100 (Increased from $66,300 in 2016) | |
Employee 2017 Tax Rate | 1.2% (Unchanged from 2016) | |
Employer Contribution | None |
Federal (FED) – 2017
Minimum Wage | Federal |
---|---|
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) | 0.9% |
Employee / Employer Tax Rate (Unchanged from 2016) | 1.45% |
Maximum Taxable Earnings | No Limit |
FICA (SOCIAL SECURITY) | Federal |
Employee / Employer Tax Rate (Unchanged from 2016) | 6.2% |
Maximum Taxable Earnings (Increased from $118,500 in 2016) | $127,200 |
FUTA (EMPLOYER-PAID) | Federal |
Normal Net Tax | 0.6% |
Maximum Credit | 5.4% |
Percent of Taxable Wages | 6.0% |
Maximum Taxable Earnings | $7,000 |
Health Savings Accounts | Federal |
Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2016) | $1,000 |
Family Contribution Limit (Employee / Employer) (Unchanged from 2016) | $6,750 |
Self-Only Contribution Limit (Employee / Employer) (Increased from $3,350 in 2016) | $3,400 |
Supplemental Wage / Bonus Rates | Federal |
Pay over $1 Million (Unchanged from 2016) | 39.6% |
Flat rate withholding method (Unchanged from 2016) | 25% |
Rhode Island State Resources
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