While the majority of Employee Services staff will work remotely to do our part to reduce community spread of the COVID-19 virus, our services will continue without interruption. We're dedicated to providing excellent service to every CU employee and every HCM user. You can still reach us by phone or email. If you have questions or need assistance, reach out at firstname.lastname@example.org or 303-860-4200, option 2.
Yearly tax reminders
- Employees with tax-exempt status for 2013 will be notified directly of 2014 renewal procedures in a separate mailing.
- Employee Services will mail 2013 W-2s by Jan. 31, 2014, as required. Look for a news article to be posted on the Employee Services homepage. Reissued copies of 2013 W-2s will be available starting Feb. 14, 2014. To ensure receipt of your original W-2 and to avoid any delays, please review and, if necessary, update your address. Retirees and current employees can do this using the employee portal. If you are a former employee and no longer have portal access, please complete the Address/Phone/Email Change form. If you are a student, update your address on the student and employee portal.
- The 2014 Social Security wage base is $117,000, and the withholding maximum is $7,254 with a tax rate of 6.2 percent. If 2013 contributions have stopped due to meeting the 2013 maximum, deductions will resume Jan. 1, 2014. No maximum applies for Medicare taxes, with a tax rate of 1.45 percent.
- The employee Medicare tax rate increases 0.90 percentage points, from 1.45 percent to 2.35 percent, on wages more than $200,000 in a year. The employee’s actual liability for the additional tax will depend on the employee’s filing status and the amount of wages and other compensation paid to the employee and/or spouse. The over-withholding and under-withholding of Meditax for employees will be reconciled when they file their personal tax returns.