The State of New Jersey announced the 2024 NJ TDB weekly benefit rate, Employer Taxable Wage Base and Worker Taxable Wage Base listed below:
2023 | 2024 | |
Maximum TBD Weekly Benefit | $1,025 | $1,055 |
Employer Taxable Wage Base | $41,100 | $42,300 |
Employee Taxable Wage Base | $156,800 | $161,400 |
Employer rates will be released shortly via AC-174 (Notice of Employer Contribution). Employee contributions will be announced in October. Call ELI Advisors today to discuss how this will impact your organization.
Eric Thieringer
President
Eric Thieringer is president of Eli Advisors, an HR, payroll and employee benefits firm focused on serving small to mid-size organizations. Eli's services and support address the frustrating gaps that challenge employers and their employees. By solving these problems, Eli Advisors creates financially sustainable programs and services that help organizations attract, retain, and engage the talent needed to succeed.