The Social Security Rate For Employees in the United States stands at 7.65 percent in 2018. 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 USD128,400. 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.
Social Security Rate For Employees in the United States is expected to be 7.65 percent by the end of this quarter, 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 2020, according to our econometric models.