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Washington Long-Term Care Insurance Payroll Tax Begins in 2022
ABD Insurance & Financial Services
[Guidance Overview] June 4, 2021 "Employees are charged a premium assessment of .58% of wages ($.58 for every $100 earned). The original cap of 1% of earnings has been removed. The payroll tax is funded exclusively by employee contributions. Unlike the WA Paid Family Medical Leave program, there is no employer contribution component to the WA Cares Fund payroll tax." |
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