2010 WAGE TAX RATE ADVISORY
Always use current Circular E (Revised January 2010)
OASDI (Old Age, Survivors and Disability Insurance)
Maximum earnings - $106,800.00
(Same as $106,800 in 2009)
Employee & Employer Percentage – 6.2%
(Same as 2009)
Maximum Deduction - $6,621.60
(Up from $6,324.00 in 2008)
Maximum earnings – UNLIMITED
(Same as 2009)
Employee & Employer Percentage – 1.45%
(Same as 2009)
Maximum Deduction – UNLIMITED
(Same as 2009)
NEW JERSEY SUI/DI/WFD/FLI
Maximum earnings - $29,700.00
(Up from $28,900.00 in 2009)
Employee Percentage – 1.045%
(Up fro 1.015% in 2009)
Maximum Deduction - $301.37
(Up from $293.34 in 2009)
Base Weeks 13 – Base Amount - $145.00
Maximum employee contribution in a 401(k) is
$16,500 for 2010. If over age 50 there is a catch-
up provision that allows $5,000 in contributions
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