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Paid Family & Medical Leave benefits are an increasingly vital source of support for Washington workers. To keep pace with more people using the program, and as required by law, the premium rate will increase in 2023. ·The total premium rate will be 0.8%. ·Employers will pay 27.24%of the total premium and employees will pay72.76%. ·Employers will continue to report each employee's total gross wages, not including tips, and collect premiums up to the Social Security cap. Once an employee meets the Social Security cap, you must stop collecting premiums but continue to report their wages. ·Businesses classified by the Employment Security Department as having fewer than 50 employees are not required to pay the employer portion of the premium.However, they must still collect the employee premium or pay the employees’ premiums on their behalf. Based on the above information, the 2023 WA PFML rates should be entered as: 0.0058 for Employees (Local Tax) (Limit = 932.49 Limit Type - Annual Calendar Year) 0.0022 for Employers with 50+ employees (Employer Accrual) (Limit = 349.11 Limit Type - Annual Calendar Year)
WA Paid Family & Medical Leave - 2023 Increase
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Starting Jan. 1, 2023:
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