Tax Guide 2018 - Payroll Dynamics

1 FICAM inimum WageOASDI (Social Security) Taxable Wage LimitOASDI (Social Security) Tax RateOASDI (Social Security) Annual Tax LimitMedicare Taxable Wage LimitFederal (sub) ContractorsMedicare Tax RateTipped Employee Cash WageAdditional Medicare Rate (Over $200k)Maximum Tip CreditMedicare Annual Tax LimitSupplemental RatesFederal UnemploymentFlat Rate WithholdingPay Over $1 MillionNew York Minimum WageNYS Income TaxNYCY onkers ResidentYonkers NonresidentMinimum Cash Wage (Tipped Food Service Worker)* Tipped Employee Cash Wage Rates Differ by IndustryNYS UnemploymentTaxable Wage LimitEmployer Rate RangeNew Employer RateDisability InsuranceEmployee Contribution RateMaximum Deduction Per Week Over $312,500 but not over $375,000 per quarter Over $375,000 but not over $437,500 per quarterPaid Family Leave Over $437,500 per quarterEmployee Contribution RateAnnual MaximumRetirement Plan LimitsMisc Plan Limits 401(k), 403(b), 457 Contribution Limit 132 Transit Parking (Monthly)Catch Up Contribution Limit 132 Transit Commuting (Monthly)Defined Benefit Limit 125 FSA MedicalDefined Contribution Limit 125 FSA Dependent CareAnnual Compensation LimitHSA Contribution Limit (Single)Highly Compensated EmployeeHSA Contribution Limit (Family)Key EmployeeHSA Catch Up 408(p)(2) SIMPLE 408(k)(2)(c)

2 SEP Compensation AmountIRAs for Individuals 49 and belowIRAs for Individuals 50 and above$ $ $ 260$ Island & Westchester$ $ 11, $ of New York State$ : New York, Bronx, Kings (Brooklyn), Queens, Richmond, (StatenIsland). Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess andMCT LimitsMobilty Commuter TaxNEW YORK STATE$ 275,000$ 120,000$ 12,500$ 54,000$ 270,000$ 120,000$ 12,500$ 5,000$ 6,900$ 1,000$ 175,000 Tax Guide 201837%$ Employer$ 128,400 $ 128, $ 7, $ 7, LimitFEDERAL MINIMUM WAGEFEDERAL22%No LimitNo Limit$ $ Large Employers (11+)$ Small Employers (1 10)$ Taxable Wage Limit$ 7,000 Net FUTA Tax Rate (Max Credit ) 12/31/201720172018 Supplemental Rates$ 600$ 600$ 175,000$ 5,500$ 5,500$ 6,000$ 6,000$ 220,000 BENEFIT PLAN LIMITS$ 260$ 18,500 $ 18,000$ 215,000$ 2, $ 3,450$ 55,000$ 10,000 HRA Employer Contribution Limit (Single)$ 4,950 HRA Employer Contribution Limit (Employee + Family)The information in this Guide is accurate as of the compilation date of November 27, 2017.

3 This data is subject to change, with or without notice, throughout the calendar year 2018 , as certain legislation may pass through congress. Nothing in this alert should be construed as legal tax advice631 435 6,500$ 6,500