Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
FICA Medicare
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="oldngray" data-source="post: 1479986" data-attributes="member: 45230"><p>I'm not sure but there might be a max.</p><p></p><p>Each year, a contributions base or FICA limit applies for Social Security taxes. In 2012, the contributions base or FICA limit is $110,100. If you earn more than that amount, you get a break. Once you have paid taxes on $110,100, your employer takes no Social Security taxes from your paycheck until the next calendar year. Even if you are retired and collect Social Security benefits, you pay FICA taxes on your earned income up to the $110,100 limit.</p><p></p><p>Read more : <a href="http://www.ehow.com/info_8389626_fica-limit.html" target="_blank">http://www.ehow.com/info_8389626_fica-limit.html</a></p></blockquote><p></p>
[QUOTE="oldngray, post: 1479986, member: 45230"] I'm not sure but there might be a max. Each year, a contributions base or FICA limit applies for Social Security taxes. In 2012, the contributions base or FICA limit is $110,100. If you earn more than that amount, you get a break. Once you have paid taxes on $110,100, your employer takes no Social Security taxes from your paycheck until the next calendar year. Even if you are retired and collect Social Security benefits, you pay FICA taxes on your earned income up to the $110,100 limit. Read more : [url]http://www.ehow.com/info_8389626_fica-limit.html[/url] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
FICA Medicare
Top