Medicare Withholding Rate For 2024

Medicare Withholding Rate For 2024. The employer also pays 1.45% with no. See also our previous year publications:

The 2024 medicare tax rate remains at 1.45% for both employees and employers totaling 2.9%, as it was in 2023. The standard monthly premium for medicare part b enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023.