Social Security Tax Rates Return to Higher Levels for 2013 (Posted on January 1, 2013 by )

After two years in which Social Security tax rates for employees (though not for employers) were reduced, rates returned to normal levels for 2013. FICA taxes for employees are now 7.65% of compensation up to the Social Security wage base, while SECA tax rates for self-employed workers are 15.3%. A chart showing all of the FICA and SECA tax rates and the wage base for each year can be found at this link.