FICA Withholding Rates 2012
Employee Withholding Rates:
- FICA: 4.2%
- Medicare: 1.45%
Employer Withholding Rates:
- FICA: 6.2%
- Medicare: 1.45%
Employee portion of FICA will remain at 4.2% through the end of February when it will be returned to 6.2%.
Compass-i: Payroll and HR Services