INQUIRY 22-08, Federal Insurance Contributions Act (FICA)

Published: December 2, 2022
Effective: Pay Period 01, 2023


The Federal Insurance Contributions Act (FICA) maximum amount paid by employees applies to payments received on or after January 1, 2023, and is described below.

FICA Employee

The current Federal Social Security (Old-Age, Survivors, and Disability Insurance (OASDI)) and Medicare amounts are calculated by multiplying the current FICA-taxable wages by the appropriate FICA rate.

The FICA rate remains 7.65 percent. Of the 7.65 percent, the 6.20 percent Social Security portion has a maximum annual earnings of $160,200 with a maximum amount paid by the employee of $9,932.40. The FICA Medicare rate remains 1.45 percent on wages up to $200,000. The FICA Medicare rate remains 2.35 percent for the portion of wages over $200,000.

Medicare-Only Employee

The Medicare rate remains 1.45 percent on wages up to $200,000. The Medicare rate remains 2.35 percent for the portion of wages over $200,000.

No action on the part of the employee or the personnel office is necessary.


For questions about National Finance Center (NFC) processing, authorized Servicing Personnel Office representatives should contact the NFC Contact Center at 1-855-NFC-4GOV (1-855-632-4468) or via the customer service portal at ServiceNow Portal for Federated Users and at ServiceNow Portal for Non-Federated Users.