Rhode Island (RI) – 2022
Rhode Island
| Minimum Wage | Rhode Island | Federal |
|---|---|---|
| Minimum Wage | $12.25 | $7.25 |
| Minimum Cash Wage (Tipped Employee) | $3.89 | |
| Maximum Tip Credit | $8.36 | |
| Youth Minimum Wage | Various rates | |
| State Income Tax | Rhode Island | Federal |
| Wage Withholding | Tables | |
| Supplemental Wage / Bonus Rate | 5.99% | |
| Unemployment Insurance | Rhode Island | Federal |
| Maximum 2022 Taxable Earnings (Unchanged from 2021) | $24,600 Tier I Employers | |
| Maximum 2022 Taxable Earnings (Unchanged from 2021) | $26,100 Tier II Employers | |
| Employee 2022 Deduction | None | |
| Employer 2022 Tax Rates | 1.20 – 9.80% | |
| Standard 2022 New Employer Rate (Includes 0.21% Job Development Assessment) | 1.19% | |
| Voluntary Contribution Permitted | Yes | |
| Disability Insurance | Rhode Island | Federal |
| Maximum 2022 Taxable Earnings(Increased from $74,000 in 2021) | $81,500 | |
| Employee 2022 Tax Rate (Decreased from 1.3% in 2021) | 1.10% | |
| Employer Contribution | None |
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% |
| Health Savings Accounts | Federal |
| Catch-up Contribution Limit (Employee / Employer) (Unchanged from 2021) | $1,000 |
| 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 |
Rhode Island State Resources
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