Smart Money Questions

Weekly investing and financial planning wisdom seeking to provide answers to your financial questions with your host, Matt Hausman.

State of Washington’s New Payroll Tax is One to Watch

Posted on July 8th, 2021

On today’s episode we’re talking about a couple conversations we’ve had with clients in Seattle, Wash. and some recent changes that have been put in place. In 2019, the state approved a new payroll tax that is 100% paid by the employee, the first of its kind in the entire country.


Read more and get additional financial resources here: 


What we discuss on this episode: 

2:28 – New Washington tax

5:24 – What’s the benefit?

7:16 – Opt out

8:36 – What are they telling you?

11:48 – The feds

15:40 – Mailbag: Worried about kids

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