2024 Fica And Medicare Tax Rates Chart. The social security wage base limit is. The fica tax rate, which is the combined social security rate of 6.2 percent and the medicare rate of 1.45 percent, remains 7.65 percent for 2024 (or 8.55 percent.

In 2024, only the first $168,600 of your earnings are subject to the social security tax. For both of them, the current social security and medicare tax rates are 6.2% and 1.45%, respectively.