Individual Earnings Social Security Rate Announced for 2023
For 2023 each W2 employee will pay 6.20% of their salary up on the first $160,200 earned. There is no limit on the amount of Medicare an employee will pay on their salary.
If you want to find out more, call our office at (561) 232-2080, (954) 796-4050, (470) 780-4400, or e-mail us at [email protected]