2011 Payroll Rates and Bases --New year, new changes!

Social Security Rates Have Changed! 
Be sure you are using the right rates!

Soc. Sec. and Medicare Rates            4.20%  EmployEE 
                                                         6.2% EmployER

Social Security Wage Limit                $106,800

Medicare Wage Limit                         Unlimited

FUTA-taxable Wage Base                    $7,000

FUTA Rate                                           6.2%

FUTA Maximum Credit                        5.4%

Minimum FUTA Deposit Rate               0.8%

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