Medicare Tax Limit 2024 For Investment Income Cap. [3] there is an additional 0.9% surtax on top of the. For 2024, an employer must withhold:

For 2024, beneficiaries whose 2022 income exceeded $103,000 (individual return) or $206,000 (joint return) will pay a total premium amount ranging from $244.60. For 2024, the fica tax rate for both employers and employees is 7.65% (6.2% for oasdi and 1.45% for medicare).