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What does UI mean in taxes?

Unemployment Insurance Taxes Unemployment Insurance (UI) is a federal-state program jointly financed through Federal and state employer payroll taxes (federal/state UI tax).

Who pays for unemployment in Maine?

Unemployment insurance is funded solely by unemployment taxes paid by employers; employees do not pay into the unemployment system. When Should I Apply for Benefits? You can apply as soon as you become unemployed.

What is the Maine state unemployment insurance tax rate?

Maine released its 2024 unemployment insurance tax rate information in a table issued by the states Bureau of Unemployment Compensation. The unadjusted tax rates for experienced employers in 2024 range from 0.28% to 6.03%, and the unadjusted tax rate for new employers is 2.32%.