New Jersey Employee Family-Leave Insurance Tax Rate to Fall in 2022

Oct. 29, 2021, 8:42 PM UTC

New Jersey’s family-leave insurance and temporary-disability insurance tax rates for employees are to decrease for 2022, the state Department of Labor and Workforce Development said on its website.

Effective Jan. 1, 2022, the family-leave insurance tax rate for employees is to be 0.14%, down from 0.28% for 2021, the department said Oct. 25.

The temporary disability insurance tax rate for employees is to be 0.14% in 2022, down from 0.47% for 2021.

For 2022, the unemployment tax rate for employees is to be 0.425%, unchanged from 2021. The rate includes a base rate of 0.3825% allocated to the state’s ...

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.