For the Old Age, Survivors and Disability Insurance (OASDI) tax or Social
Security tax in the .... The employer Social Security tax rate and the Social
Security Wage Base were not directly impacted ...
Tax rates are set by law (see sections 1401, 3101, and 3111 of the Internal
Revenue ... In certain years, the effective rate paid by employees, employers, and
Oct 10, 2016 ... The current tax rate for social security is 6.2% for the employer and 6.2% for the
employee, or 12.4% total. The current rate for Medicare is ...
Nov 12, 2016 ... They illustrate how tax brackets and Social Security taxation interact, creating a
27.75% marginal tax rate for most taxpayers in the 15% tax ...
Nearly everyone who earns an income is subject to taxes based on the current
Social Security tax rate. The Social Security tax rates are set by law, and the ...
Jan 15, 2016 ... The Social Security Administration announced that the 2016 Social Security
wage base will be $118500. Learn more about the FICA tax rate.
The FICA (for Federal Insurance Contributions Act) tax (also known as ... is your
contribution to Social Security and Medicare as a percentage of your salary: ...
Find out if your Social Security benefits are taxable income. What Social Security
taxes do you have to pay? ... The 2015 rates for employee FICA taxes are:.
Oct 15, 2015 ... While in 2016 there will be no increase in the amount of wages subject to Social
Security taxes and no statutory income tax rate increase, ...
Oct 19, 2016 ... Social Security and Medicare payroll taxes are collected together as the Federal
Insurance Contributions Act (FICA) tax. FICA tax rates are ...