Construction Related Insurance and Tax Rates
WSDOT Memorandum setting the effective date for FICA/FUTA/SUTA Rates and Industrial Insurance Rates for use
on Force Account (pdf 30 kb) on WSDOT projects.
Effective January 1, 2012 the following tax and insurance rates are in
effect.
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7.65%
on the first $110,100 in wages for employers.
5.65% on the first $110,100 in wages for employees. |
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- SSI portion is
6.2% subject to the above wage limit for employers.
- SSI potion is 4.2% subject to the above wage limit for employees.
- Medicare portion is 1.45% with no wage limit.
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0.60% (6.0% minus a maximum of 5.4%) on the first $7000 in wages. |
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0.17% to 5.84% on the first $38,200 in wages. |
A copy of the base rates by risk class and industry
type can be downloaded in an Microsoft Excel spreadsheet or a pdf version
from the
Labor and Industries site.
Additional information and past rates are available on the Labor
and Industries site.
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