Timmy Giuditta

Medicare Employer Tax Rate 2024 Calendar. 6.2% for the employee plus 6.2% for the employer; The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total.

1.45% for the employee plus 1.45%. To comply with the additional medicare tax requirement, employers must withhold the 0.9 percent additional medicare tax from wages it pays to an employee in excess of.