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UC Payroll Release Distribution Notes

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Christopher Scott <[log in to unmask]>
Wed, 12 Dec 2018 12:38:16 -0800
text/plain (16 lines)
Greetings;
As happens every year we are now in receipt of the annual updates to be applied to address the needs below.  These control updates will be applied as part of the annual "Freeze" of the EDB preparing for the roll over into the next calendar year.

In specific this release contains the following:
1) The 2019 maximum employee contribution to the HSA and maximum employee contribution to the health FSA.
2) The 2019 rates for qualified transportation and parking.
3) The 2019 403(b) and 457(b) plan elective deferral rates and catch-up limits.
4) The increase in OASDI taxable wage base for 2019 from $128,400 to $132,900.
5) The California Tax Tables for 2019.

Note: The 2019 Federal Tax Tables have not been provided yet, but will be installed when we receive them.

No actions are needed on your part.

Happy Holidays to all!

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