What Is The Fica Rate For 2025

What Is The Fica Rate For 2025. The social security tax limit in 2025 is $176,100, up $7,500 from $168,600 in 2024. The maximum 2025 social security component of the federal insurance contributions act tax payable by each employee will be $10,918.20, or 6.2% of the taxable.

In 2025, retirees receiving social security benefits will be able to earn $62,160 in the year they reach full retirement age before their benefits are reduced by $1 for every $3 in earnings over the limit. The social security tax rates for both employees and employers will remain unchanged at 6.2%, with the maximum tax for each rising from $10,453.20 in 2024 to.