Montana Taxable Wage Base released for 2020
Last updated 9/26/2019 at 10:54am
From Montana Department of Labor and Industry
HELENA — The Montana Department of Labor & Industry announces that the Unemployment Insurance — UI — Taxable Wage Base for 2020 will be $34,100, an increase of $1,100 from 2019.
The taxable wage base in Montana is 80 percent of the average annual wage rounded to the nearest $100, per MCA 39-51-1108. The average annual wage in Montana for 2018 was $42,597.62 for UI covered employers. The average annual wage is used to determine the maximum and minimum weekly UI benefit payments recipients can receive during State Fiscal Year 2020