Pay stub glossary
What is Medicare tax (MED) on a pay stub?
Medicare tax is 1.45% of all wages with no annual cap. It funds hospital insurance under Medicare Part A. Pay stubs often abbreviate it MED, MEDI or MEDFE.
Updated 2026-10-02 · 2026 tax year
Also shown as MED, MEDI or MEDFE
Example: on $60,000 of 2026 wages, Social Security tax is $3,720 and Medicare tax is $870, $4,590 in total.