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Employer Fica And Medicare Rates 2024 Lok

Employer Fica And Medicare Rates 2024 Lok. Federal insurance contributions act (fica) the wage base will increase from $160,200 to. In 2024, the medicare tax rate is 2.9%, with half (1.45%) paid by the employee and the other.


Employer Fica And Medicare Rates 2024 Lok

The current rate for medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total. This tax is 1.45% for the employee and 1.45% for the employer, totaling 2.9% of.

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