Social Security Rate: 6.2%. Maximum taxable earnings: $142,800
Rate is the same as 2020. Taxable earnings increased from $137,700 in 2020)
Medicare Rate: 1.45%. Max taxable earnings: No limit
Rate is the same as 2020. Taxable earnings are the same same as 2020.
2021 FICA tax rates and wage limits (wage base)
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Jeff Cecchini
Jeff is the CEO of Advisoran. He has founded numerous successful businesses in the industries of bookkeeping, tax, payroll processing, software development, and construction. He brings this real world experience to guide his clients to their success. His goal is to help entrepreneurs build healthy businesses that improve their lives.
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