Federal tax levied equally on employers and employees, used to pay for Social Security programs.
Related information about Social Security Tax:
- 2012 Social Security tax rate and maximum taxable earnings
The Social Security tax rate for employees is 4.2 percent through the end of the year; The Social Security tax rate for employers is 6.2 percent; The Medicare tax ...
- FICA & SECA Tax Rates
Tax rates for each Social Security trust fund · Maximum taxable earnings. Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) program and ...
- Social Security Tax - About Taxes
The Social Security tax functions very much like a flat tax. A single rate of 12.4% is applied to wage and self-employment income earned by a worker up to a ...
- Social Security (United States) - Wikipedia, the free encyclopedia
Current year expenses are paid from current Social Security tax revenues. When revenues exceed expenditures, as they did between 1983 and 2009, the ...
- Social Security Tax / Medicare Tax and Self-Employment
Aug 21, 2012 ... Social Security Tax / Medicare Tax and Self-Employment. If you work as an employee in the United States, you must pay social security and ...
- Taxes go up in 2013 for 163 million workers
Oct 22, 2012 ... WASHINGTON (AP) — President Barack Obama isn't talking about it and neither is Mitt Romney. But come January, 163 million workers can ...
- Will the Social Security Payroll Tax Rate Increase by 2% in 2013?
Aug 3, 2012 ... Federal income tax & Social Security tax rates would increase for employees in 2013 if Congress & President Obama fail to extend the current ...
- The 'Hidden' Social Security Tax Change | AccountingWEB
Oct 16, 2012 ... Like clockwork, the SSA announces an increase in the annual Social Security " wage base" practically every October. This year is no exception.