Med On Pay Stub Meaning Medicare Tax And Fica Rules in Boston

Learn what MED on pay stub records means and how the Medicare portion of FICA affects take-home pay. This guide explains the 1.45% employee rate, the employer match, why Medicare has no annual wage cap, common labels such as MED/EE and MED/ER, Additional Medicare Tax, and a simple way to verify the deduction using taxable wages.