Quick Payroll Facts

 

Minimum Wage 2018  2017 2016    2015
Missouri Minimum Wage  $7.70  $7.70  $7.65 $7.65
Tipped Employees  $3.85  $3.85   $3.825 $3.825
         
Pension Limits  2018  2017   2016   2015
Simple
Simple 50 and over
  $12,500
 $15.500
 $12,500
$15,500 		         $12,500        $15,500 $12,500
  $15,500  
401(k)
401(k) 50 and over		  $18,500
 $24,500
 $18,000
$24,000 		 $18,000
$24,000		       $18,000      $24,000
IRA & Roth
IRA & Roth 50 and over		  $5,500
 $6,500		 $5,500
$6,500		 $5,500
$6,500		 $5,500
$6,500
         
HSA
HSA 55 and over		  
$3,450/6,900
$4,450/7,900

 $3,400/6,750
$4,400/7,750		 $3,350/$ 6,750
$4,350/$ 7,750		  3,350/ 6,650
 4,350/ 7,650
         
FICA Taxes  2018  2017  2016  2015
Social Security Wage Base  $128,400 $127,200 $118,500  $118,500
Maxiumum Withholding (6.2%)  $ 7,960.80  $7,886.40 $7,347  $7,347
Medicare Wage Base  No Limit  No Limit      No Limit      No Limit
Maxiumum Withholding (1.45%)  No Limit  No Limit      No Limit      No Limit
Withhold an additional 0.9% on Medicare Wages in excess of $200k        
         
Mileage Rates  2018  2017  2016  2015
Business    $0.535/mile $0.54/mile $0.575/mile
Medical or Moving    $0.17/mile $0.19/mile $0.23/mile
Charitable    $0.14/mile $0.14/mile $0.14/mile