{"id":1931,"date":"2023-12-19T16:02:50","date_gmt":"2023-12-19T16:02:50","guid":{"rendered":"https:\/\/business.sbceo.org\/memos\/?p=1931"},"modified":"2024-02-01T14:56:15","modified_gmt":"2024-02-01T22:56:15","slug":"payroll-rates-limits-2024","status":"publish","type":"post","link":"https:\/\/business.sbceo.org\/memos\/?p=1931","title":{"rendered":"Payroll Rates &amp; Limits 2024"},"content":{"rendered":"<div class=\"postie-post\">Attached is the Payroll Rates &#038; Limits for 2024.  The highlights are:<br \/>\n*              The California minimum wage increases to $16.00<br \/>\n*              IRS standard mileage rate increases to 67.0 cents per mile.<br \/>\n*              The 403(b) and 457 contributions limits increases to $23,000, and for employees age 50 and over to $30,500.<br \/>\n*              Medical Flex Spending Arrangement (FSA) Reimbursement increases to $3,200.<br \/>\n*              Social Security wage cap increases to $168,600 with the contribution limit to $10,453.20.<br \/>\nEscape has been updated.<br \/>\nRegards,<br \/>\nSchool Business Advisory Services Team Santa Barbara County Education Office<br \/>\nNote: This message was sent on behalf of the School Business Advisory Services Team. Please do not respond to this message. Replies will be routed to an unmonitored mailbox.<br \/>\nTo unsubscribe, click here<<a href=\"mailto:sbasfinance@sbceo.org?subject=Unsubscribe\">mailto:<a href=\"mailto:sbasfinance@sbceo.org?subject=Unsubscribe\" >sbasfinance@sbceo.org?subject=Unsubscribe<\/a><\/a>><\/p>\n<div class=\"postie-attachments\"><a href=\"https:\/\/business.sbceo.org\/memos\/wp-content\/uploads\/2023\/12\/Rates-Limits-2024.pdf\"><img src='https:\/\/business.sbceo.org\/memos\/wp-content\/plugins\/postie\/icons\/silver\/pdf-32.png' alt='pdf icon' \/> Rates-Limits-2024.pdf<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Attached is the Payroll Rates &#038; Limits for 2024. The&hellip;<a href=\"https:\/\/business.sbceo.org\/memos\/?p=1931\" class=\"more-link\"><span class=\"more-button\">Continue reading<span class=\"screen-reader-text\">Payroll Rates &amp; Limits 2024<\/span><\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,26],"tags":[],"class_list":["post-1931","post","type-post","status-publish","format-standard","hentry","category-payroll","category-reporting"],"_links":{"self":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts\/1931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1931"}],"version-history":[{"count":1,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts\/1931\/revisions"}],"predecessor-version":[{"id":1955,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=\/wp\/v2\/posts\/1931\/revisions\/1955"}],"wp:attachment":[{"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/business.sbceo.org\/memos\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}