Book A Demo

New 2023 FICA Limit and Wage Base Update

1 min read

The new 2023 FICA (Social Security) limit has increased from $147,000 to $160,200. With this 8.98 percent increase, up to $9,932.40 can be withheld in 2023 from employees Social Security and Medicare wages. The withholding percent remains 6.20 percent for Social Security (FICA) and 1.45 percent unlimited wage base for Medicare taxes.

For more information, visit

Add your thoughts on social:

Sign up for our communications

This field is for validation purposes and should be left unchanged.

Request A Demo

Whether you are new to the world of global mobility or you’ve been in the business for a while, Ineo is here to assist you.

The best way to learn how Ineo’s global mobility software can help your company revolutionize your global mobility program and support your business strategy is to see it in a demo.

Fill out this form to get started today.

Get Started