Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
16.75% on Dec 31, 1981
Lowest
15.30% on Dec 31, 2023
About United States Social Security Rate
In the United States, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of the United States because they help to pay for many social programs including welfare, health care and many other benefits.