What Is The Social Security Tax Rate For 2024 Calculator. The ssa decides a person's full retirement age based on when they were born. The post iโm 64 with $1.2 million in a 401(k) and $2,800 social security benefit.
There is an additional 0.9% surtax on top of the standard 1.45% medicare tax for those who earn over $200,000 (single filers), $250,000 (joint. Gross income above threshold ($200,000 for a single filer) medicare.