Oregon State Facts
Oregon Final Paycheck Law
| Fired: | The final paycheck is due by the end of the first business day after termination. |
| Quit: | If an employee provides 48 hours’ or more notice, the final paycheck is due on the final day of work, unless the final day falls on a weekend or holiday, in which case the check is due on the next business day. If an employee quits with fewer than 48 hours’ notice, the final check is due within 5 days, excluding weekends and holidays, or the next regular payday, whichever occurs first. |
Oregon Direct Deposit Law
| Can you force direct deposit: | No |
Oregon Minimum Wage
| Minimum Wage | $12.75 |
| Minimum Cash Wage(Tipped Employee) | $12.75 |
Oregon State Income Tax
| Wage Withholding | Tables |
Oregon Unemployment Insurance
| Maximum 2022 Taxable Earnings(Increased from $43,800 in 2021) | $47,700 |
| Employee 2022 Deduction | None |
| Employer 2022 Tax Rates(Includes special payroll tax offset: 0.9% for all quarters) | 0.9 – 5.4% |
| Standard 2022 New Employer Rate | 2.40% |
Oregon State 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 |