Federal (2005)
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The OASDI taxable wage limit increases from $87,900 to $90,000. The tax rate remains 6.2% (with a matching employer contribution).

Medicare taxable wage limit remains unlimited and the tax rate remains 1.45% (with a matching employer contribution.)

The federal income tax exemption increases from $3100 to $3200 (first change since July 1, 2003).

Other tax tables also change as of January 1, 2005.

The FUTA rate/limit remains unchanged.