Fica Rate In 2024. The social security wage base limit is. Updated on jul 06 2024.
Unemployment has been ticking steadily higher over the past year: According to the intermediate projection issued in a may 2024 report, the social security taxable wage next year will be $174,900.
That’d Be A $6,300 Increase.
29 rows tax rates for each social security trust fund.
It Remains The Same As 2023.
Updated on jul 06 2024.
Fica Rate In 2024 Images References :
Employee 3 Has $37,100 In Eligible Futa Wages, But Futa Applies.
For 2024, the fica tax rate for both employers and employees is 7.65% (6.2% for oasdi and 1.45% for medicare).
June’s 4.1 Percent Reading Was Up From 3.6 Percent A Year Earlier.
The employer fica rate is 7.65% in 2024.