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FICA Withholding Rates 2012

January 5, 2012Leave a commentIndustry NewsBy

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%.

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