The Social Security Rate For Employees in the United States stands at 7.65 percent in 2019. The 7.65 percent tax rate is the combined rate for Social Security and Medicare. The Social Security portion (OASDI) is 6.20 percent on earnings up to USD132,900. The Medicare portion (HI) is 1.45 percent on all earnings.
Social Security Rate For Employees in the United States averaged 7.41 percent from 1981 until 2018, reaching an all time high of 7.65 percent in 1990 and a record low of 5.65 percent in 2011. This page provides - United States Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Social Security Rate For Employees - values, historical data and charts - was last updated on March of 2021.
Social Security Rate For Employees in the United States is expected to reach 7.65 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Social Security Rate For Employees is projected to trend around 7.65 percent in 2021, according to our econometric models.