SUTA 2024 Cost Changes

SUTA 2024 Cost Changes

Unemployment insurance tax rate and wage base updates listed below have been announced. Nonprofit, governmental, and tribal entities should take a closer look at what these changes could mean for their budget. While for-profit entities are bound by these changes and requirements, nonprofit, governmental and tribal entities have options.

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Note: Nonprofit, governmental, and tribal entities are exempt from FUTA (Federal Unemployment Tax Act).

Click here for 2023 SUTA cost factors.

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Alabama

Taxable wage base remains $8,000.

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Alaska

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Arizona

Taxable wage base remains $8,000.

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Arkansas

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California

Taxable wage base remains $7,000.

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Colorado

Wage base increases from $20,400 to $23,800, then $27,200 in 2025, and $30,600 in 2026. The maximum weekly benefit amount a claimant can collect increased from $742 to $781.

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Connecticut

Wage base increases to $25,000 (up from $15,000 in 2023); tax rates range from 0.1% – 10.0% (max rate increased from 5.4% in 2023).

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Delaware

Tax rates will continue to range from 0.3% to 5.6%. The rate for new employers will remain 1.2%. Tax rates include an additional supplemental assessment of 0.2%.

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Florida

Taxable wage base remains $7,000.

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Georgia

0.06% administration assessment tax reinstated from 2024 – 2026; taxable wage base remains $9,500.

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Hawaii

Enacted an Unemployment Insurance Technology Special Fund Tax of 0.01% for all employers.

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Idaho

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Illinois

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Indiana

Unemployment tax rates range from 0.50% to 7.40% through 2025; taxable wage base remains $9,500.

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Iowa

The minimum weekly benefit amount range a claimant can collect increased from $82-$99 to $86-$105. The maximum weekly benefit amount range also increased from $551-$676 to $582-$714.

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Kansas

Taxable wage base remains $14,000. The minimum weekly benefit amount a claimant can collect increased from $140 to $147. The maximum weekly benefit amount also increased from $560 to $589.

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Kentucky

The maximum weekly benefit amount a claimant can collect increased from $626 to $665.

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Louisiana

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Maine

Taxable wage base remains $12,000.

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Maryland

Taxable wage base remains $8,500.

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Massachusetts

Taxable wage base remains $15,000.

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Michigan

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Minnesota

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Mississippi

Taxable wage base remains $14,000.

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Missouri

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Montana

The maximum weekly benefit amount a claimant can collect increased from $657 to $698.

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Nebraska

Taxable wage base range remains $9,000 – $24,000.

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Nevada

Taxable wage base increases from $40,100 to $40,600. The maximum weekly benefit amount a claimant can collect increased from $562 to $585.

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New Hampshire

Taxable wage base remains $14,000.

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New Jersey

Fiscal year 2024 rates will range from 1.2% – 7.0%, unless calculations call for a lesser rate range.

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New Mexico

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New York

Taxable wage base increases from $12,300 to $12,500 and is scheduled to increase every year through 2026.

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North Carolina

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North Dakota

The maximum weekly benefit amount a claimant can collect increased from $673 to $748.

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Ohio

Taxable wage base remains $9,000.

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Oklahoma

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Oregon

The minimum weekly benefit amount a claimant can collect increased from $183 to $190. The maximum weekly benefit amount also increased from $783 to $813.

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Pennsylvania

Taxable wage base remains $10,000.

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Puerto Rico

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Rhode Island

The maximum weekly benefit amount range a claimant can collect increased from $680-$850 to $705-$881.

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South Carolina

Taxable wage base remains $14,000.

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South Dakota

Taxable wage base remains $15,000. The maximum weekly benefit amount a claimant can collect increased from $487 to $514.

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Tennessee

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Texas

Taxable wage base remains $9,000.

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Utah

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Vermont

Tax rates will continue to range from 0.40% to 5.40%; the taxable wage base is estimated to remain $13,500 in 2024. The maximum weekly benefit amount a claimant can collect increased from $668 to $705.

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Virginia

Taxable wage base remains $8,000.

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Washington

Taxable wage base increases from $67,600 to $68,500. The minimum weekly benefit amount a claimant can collect increased from $295 to $323. The maximum weekly benefit amount also increased from $999 to $1,019.

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Washington, D.C.

Taxable wage base remains $9,000.

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West Virginia

The maximum weekly benefit amount a claimant can collect increased from $631 to $662.

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Wisconsin

Taxable wage base remains $14,000.

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Wyoming

The minimum weekly benefit amount a claimant can collect increased from $40 to $43. The maximum weekly benefit amount also increased from $560 to $595.

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WI Council of Religious & Independent Schools (WCRIS), Madison, WI

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FNP has helped our agency to save thousands of dollars every year on our unemployment coverage. The service is phenomenal, and we are thankful to their team as our partner. My experience working with Marshall on the advocacy around UE for nonprofits was also a highlight as someone who teaches advocacy and lobbying for nonprofits. Really, your whole team is top shelf, so thank YOU!

Advancing Academics, Turtle Creek, PA

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Chicago Children’s Theatre, Chicago, IL

FNP is a great resource for Daniel Kids. To have a TPA that we can count on to take point on not only managing our unemployment claims, but to support and guide any protest hearing, is invaluable. All the professional support staff we have worked with have been excellent, very knowledgeable and responsive. We are grateful for the help and support, thank you.

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