California State Facts
California Final Paycheck Law
| Fired: | If an employee is involuntarily terminated, the final paycheck (including accrued vacation) is due immediately at the time of termination. |
| Quit: | If the employee quits with at least 72 hours’ notice, and quits on the day given in the notice, the final paycheck (including accrued vacation) must be provided at the time of quitting. If the employee quits with less than 72 hours’ notice, the final paycheck (including accrued vacation) must be made within 72 hours of quitting. The employee may request that his or her final wage payment be mailed to a designated address (for this purpose, the date of mailing is considered the date of payment). |
California Direct Deposit Law
| Can you force direct deposit: | No |
California Minimum Wage
| Fired: | If an employee is involuntarily terminated, the final paycheck (including accrued vacation) is due immediately at the time of termination. |
| Quit: | If the employee quits with at least 72 hours’ notice, and quits on the day given in the notice, the final paycheck (including accrued vacation) must be provided at the time of quitting. If the employee quits with less than 72 hours’ notice, the final paycheck (including accrued vacation) must be made within 72 hours of quitting. The employee may request that his or her final wage payment be mailed to a designated address (for this purpose, the date of mailing is considered the date of payment). |
California State Income Tax
| Wage Withholding | Tables |
California Unemployment Insurance
| Maximum 2022 Taxable Earnings(Unchanged from 2021) | $7,000 |
| Employee 2022 Deduction | None |
| Employer 2022 Tax Rates(Plus 0.1% employment training tax assessed on most employers) | 1.5 – 6.2% |
| Standard 2022 New Employer Rate(Plus 0.1% employment training tax) | 3.40% |
*For employers with 26 or more employees. For employers with 25 or fewer employees, the minimum wage and minimum cash wage (tipped employee) is $14.00 an hour effective 1/1/21. California does not have a tip credit.
Fede
California Mandated Retirement Plan
Important Forms and Documents
Federal Tax Facts
Federal Minimum Wage Effective 7/24/2009
| Federal Minimum Wage | |
|---|---|
| Minimum Wage | $7.25 |
| Minimum Cash Wage(Tipped Employee) | $2.13 |
| Youth Minimum Wage | $4.25 |
| FICA (Medicare) | |
|---|---|
| Maximum Taxable Earnings | No Limit |
| Employee / Employer Tax Rate (Unchanged from 2019) | 1.45% |
| Additional Medicare Tax Withholding on Wages > $200,000(No Employer Match) | 0.90% |
| FICA (Social Security) | |
|---|---|
| Maximum Taxable Earnings (Increased from $142,800 in 2021 | $147,000 |
| Employee / Employer Tax Rate(Unchanged from 2021) | 6.20% |
| FUTA (Employer-Paid) | |
|---|---|
| Maximum Taxable Earnings | $7,000 |
| Health Savings Accounts | |
|---|---|
| Self-Only Contribution Limit (Employee / Employer)(Increased from $3,600 in 2021) | $3,650 |
| Family Contribution Limit (Employee / Employer)(Increased from $7,200 in 2021) | $7,300 |
| Catch-up Contribution Limit (Employee / Employer)(Unchanged from 2021) | $1,000 |
| Pension Plans | |
|---|---|
| Contribution Limit – 401(k) & 403(b) plans(Increased from $19,500 in 2021) | $20,500 |
| Catch-up Contribution Limit – 401(k) & 403(b) plans (age 50 or older) (Unchanged from 2021) | $6,500 |