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.