What Is The 2024 Fica Rate

What Is The 2024 Fica Rate

What Is The 2024 Fica Rate. The maximum fica tax rate for 2024 is 6.2%. For 2024, the fica tax rate for employers will be 7.65% โ€” 6.2% for social security and 1.45% for medicare (the same as in 2023).


What Is The 2024 Fica Rate

Fica consists of social security and medicare. The social security wage base has increased from $160,200 to $168,600 for 2024, which increases the.

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