Massachusetts Releases 2024 Unemployment Insurance Rates

Jan. 25, 2024, 8:07 PM UTC

The effective unemployment insurance tax rate in 2024 for employers in Massachusetts ranges from 1.023% to 15.599%, according to a chart released by the Department of Unemployment Assistance.

The tax rates for experienced employers consist of an employer’s unemployment insurance rate and a Covid-19 Recovery Assessment, the amount of which varies based on the employer’s assigned unemployment insurance rate.

Experienced employers are also subject to a separate Employer Medical Assistance Contribution, the amount of which varies depending on the number of years an employer is subject to Massachusetts’ unemployment insurance law. The contribution is 0.12% for employers in their fourth ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.