Social Security Max 2024 Tax Rate
For 2024, the fica tax rate for employers will be 7.65% — 6.2% for social security and 1.45% for medicare (the same as in 2023). Thus, an individual with wages equal to or larger than $168,600.
[3] there is an additional 0.9% surtax on top of the. Up to 85% of your social security benefits are taxable if: