Fica And Medicare Withholding Rates For 2024

Fica And Medicare Withholding Rates For 2024. The current rate for medicare is 1.45% for the employer. Medicare taxes are part of the federal insurance contributions act (fica).


Fica And Medicare Withholding Rates For 2024

29 rows tax rates for each social security trust fund. The social security wage cap will be increased from the 2023 limit of $160,200 to the new 2024 limit of $168,600.

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