how much is employer portion of medicare
For most Americans, the Medicare portion of the FICA tax remains at 2.9 percent, of which half (1.45 percent) is paid by employees and half by employers. Unlike Social Security, there is no limit on the amount of earnings (which includes salary and bonus income) subject to the Medicare portion of the tax.
Withholding Rates Unchanged. For 2015: â¢ The portion of the Social Security FICA tax that employees pay remains unchanged at the 6.2 percent withholding rate up to the taxable maximum. â¢ Correspondingly, the portion of the tax that employers cover also remains at 6.2 percent of employee wages up to the taxable maximum.