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Social Security (FICA) Wage Limits and Tax Rates
This is my site Written by Administrator on April 29, 2009 – 9:03 pm


While Social Security and Medicare rates have remained the same for the last 12 years, Social Security limit has grown 63% during the same time period.

The following table displays FICA rates and limits from 1997 to 2009.

Year Annual Social
Security
Wage Base
Social Security
Tax Rate
Maximum Annual
Social Security
Tax Withholding
Annual Medicare
Wage Base
Medicare
Tax Rate
2009 $106,800 6.2% $6,621.60 No annual limit 1.45%
2008 $102,000 6.2% $6,324.00 No annual limit 1.45%
2007 $97,500 6.2% $6,045.00 No annual limit 1.45%
2006 $94,200 6.2% $5,840.40 No annual limit 1.45%
2005 $90,000 6.2% $5,580.00 No annual limit 1.45%
2004 $87,900 6.2% $5,449.80 No annual limit 1.45%
2003 $87,000 6.2% $5,394.00 No annual limit 1.45%
2002 $84,900 6.2% $5,263.80 No annual limit 1.45%
2001 $80,400 6.2% $4,984.80 No annual limit 1.45%
2000 $76,200 6.2% $4,724.40 No annual limit 1.45%
1999 $72,600 6.2% $4,501.20 No annual limit 1.45%
1998 $68,400 6.2% $4,240.80 No annual limit 1.45%
1997 $65,400 6.2% $4,054.80 No annual limit 1.45%




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