Payroll Discussion about the Medicare and Social Security Tax Rate High? and various important topics, studies, strategies, and general notes are discussed here.
Is the tax rate for Medicare and Social Security high? is a collection of information, discussion comments from a Reddit source.
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Medicare and Social Security Tax Rate High?
On my pay stub and my employees, the Medicare / EE rate is 1.62% and the Social Security OASDI / EE rate is 7%. Shouldn’t they be 1.45% and 6.2% respectively? It seems this is for the whole company … I have searched for an answer and no one is answering. Is there a reasonable explanation for this before I get pissed off? Thanks
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This thread was originally published on 2021-03-15 09:20:59.
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