2020 Rates and Maximums for FICA and Unemployment
Year 2019 rates are provided for comparison purposes.
| 2020 | 2019 | |
| FICA (Social Security) Gross Maximum | $137,700.00 | $132,900.00 |
| ER FICA(Social Security) Withholding Rate | 6.20% | 6.20% |
| ER FICA Annual Maximum Withholding | $8,537.40 | $8,239.80 |
| EE FICA (Social Security) Withholding Rate | 6.20% | 6.20% |
| EE FICA Annual Maximum Withholding | $8,537.40 | $8,239.80 |
| MQFE (Medicare) Gross Maximum | No $ Max | No $ Max |
| ER MQFE (Medicare) Withholding Rate | 1.45% | 1.45% |
| EE MQFE (Medicare) Withholding Rate for wages not exceeding $200,000.00 | 1.45% | 1.45% |
| EE MQFE (Medicare) Withholding Rate for wages in excess of $200,000.00 | 2.35% | 2.35% |
| MQFE Annual Maximum Withholding | No $ Max | No $ Max |
| Oklahoma Unemployment Taxable Gross Maximum | $18,700.00 | $18,100.00 |
| Oklahoma Unemployment Rate | 1.00% | 1.00% |
| Oklahoma Unemployment Annual Tax Maximum | $187.00 | $181.00 |
