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FICA Tax — SS + Medicare

Social Security 6.2% (capped), Medicare 1.45% (no cap). Additional 0.9% over $200K/$250K.

Concept Fundamentals
$6,200
SS
$1,450
Medicare
$0
Add'l Med
$7,650
Total FICA

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SS $168.6K cap Medicare no cap Add'l 0.9% Employer match

Key figures
$6,200
SS
Key figure
$1,450
Medicare
Key figure
$0
Add'l Med
Key figure
$7,650
Total FICA
Key figure

Ready to run the numbers?

Why: Understanding FICA helps plan take-home pay.

How: Enter gross wages, SE income. See SS, Medicare, additional Medicare.

SS $168.6K capMedicare no cap
Sources:IRS FICA

Run the calculator when you are ready.

Calculate FICA

Sample Scenarios

Income Details

W-2 wages
$
Net SE income
$
single or married
social_security_tax.sh
CALCULATED
$ calc --wages=$100,000 --fica
Social Security
$6,200
Medicare
$1,450
Additional Med.
$0
Total FICA
$7,650
With employer match: $15,300
Social Security Tax Calculator
Total FICA: $7,650
$15,300
With employer match
numbervibe.com

FICA Analysis

Income

Gross Wages$100,000
Self-Employment$0
Total Income$100,000

Employee Taxes

Social Security (6.2%)$6,200
Medicare (1.45%)$1,450
Additional Medicare (0.9%)$0
Total Employee FICA$7,650

Employer Match

Employer Portion$7,650
Total FICA (Both)$15,300

Get AI-Powered Analysis

Understand FICA impact on pay.

Estimates only — not tax advice. Tax laws vary by jurisdiction. Consult a CPA or tax professional.

1. Key Takeaways

  • • Social Security: 6.2% up to $168,600 (2024)
  • • Medicare: 1.45% (no cap)
  • • Additional Medicare: 0.9% over $200K/$250K
  • • Employer matches SS + Medicare (not additional)

2. Did You Know?

FICA

Funds SS & Medicare

SS Cap

Stops at wage base

High Earners

More Medicare

Self-Employed

Pay both halves

Employer

Matches SS+MC

2024

$168,600 cap

3. How It Works

SS = min(Wages, $168,600) × 6.2%. Medicare = Wages × 1.45%. Additional = max(0, (Wages+SE − $200K/$250K)) × 0.9%.

4. Expert Tips

SS stops at cap

No SS above wage base

Additional Medicare

Single $200K, MFJ $250K

Self-employed

Pay both halves

Employer match

Not on additional

5. Comparison Table

ComponentRateCap
Social Security6.2%$168,600
Medicare1.45%None
Additional Medicare0.9%Over $200K/$250K

6. FAQ

SS wage base?

$168,600 in 2024. No SS tax above that.

Additional Medicare?

0.9% on wages over $200K (single) or $250K (MFJ).

Self-employed?

Pay both employee + employer halves (15.3% up to cap).

7. Sources

  • • IRS — FICA
  • • SSA — Wage Base

8. Quick Stats

6.2%

SS

1.45%

Medicare

$168.6K

SS cap

0.9%

Add'l Med

9. Disclaimer

Disclaimer: Estimates based on 2024 rates.

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