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Q: What is the actual rate used to calculate social security tax?
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The current social security rate is?

The current social security rate is 15.30% including all the components. Half is paid by your employer and half by you.


If you have a pension plus Social Security what is the tax rate of the Social Security?

That depends on the amount of income aside from Social Security. Up to 85% of your Social Security benefits are potentially taxable.


The Social Security program is very secure and continues to grow at a constant rate.?

No, the social security program is not secure and it does not continue to grow at a constant rate.


Is it true the Social Security program is very secure and continues to grow at a constant rate?

No, the social security program is not secure and it does not continue to grow at a constant rate.


How do you calculate the actual labor rate when the standard rate is not given?

The actual rate is the total dollars divided by total hours or pieces. The actual formula is not dependant on any standard rate. The rate variance, however, cannot be determined without the standard rate. The rate variance is the difference between actual rate and standard rate.


Where can I find information about social security benefits?

There is a simplified version of the Social Security benefit rate tables available via Sources and Related Links, below.


Do you still have Social Security deducted from your check if working and collecting Social Security?

Yes. If you work after retirement, you will still have contributions to Social Security and Medicare (FICA) withheld from your paycheck at the same rate as before retirement.


Does your employer still withhold Social Security if you are retired and collecting Social Security?

Yes. If you work after retirement, you will still have contributions to Social Security and Medicare (FICA) withheld from your paycheck at the same rate as before retirement.


What is the Social Security tax rate for 2011 on self-employment income?

The Social Security tax rate for self-employment income in 2011 was 12.4%. This tax is calculated based on the net self-employment income and is used to fund the Social Security benefits program.


How long has the social security withholding rate been 6.2 percent?

1990


How can I negotiate for a better social security disability rate?

Social security disability rates are set by the government, meaning there is no room for negotiation. There are policies and procedures in place that dictate what you will get.


Does my social security rate change if you move to another state?

yes, and no. it depends where you move to.