2024 Fica Medicare Rates Increase

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2024 Fica Medicare Rates Increase. Learn precise tax calculation examples and stay compliant to avoid penalties The medicare tax funds the medicare program, which provides healthcare benefits to individuals aged 65 and older and certain groups of younger.


2024 Fica Medicare Rates Increase

6.2% for the employee plus 6.2% for the employer; Federal payroll tax rates for 2024 are:

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