Yes, nonprofits pay FICA and all other payroll related taxes.
No
yes
Do I have to pay FICA and medicare tax on my pension if I retire early at age 55 and not working?No. A pension, like IRA and 401k distributions, is not considered earned income. You do pay income tax, but not FICA (Social Security and Medicare), on those sources.
yes
Social security and medicare
No, you do not pay FICA taxes on 401(k) distributions.
No, you do not pay FICA taxes on 401(k) withdrawals.
employers pay the fica tax
No, you do not pay FICA (Social Security and Medicare) taxes on 401k withdrawals.
It varies depending on the organization and what your position is.
No
No, FICA taxes are not deducted from 401(k) contributions.
yes
Do I have to pay FICA and medicare tax on my pension if I retire early at age 55 and not working?No. A pension, like IRA and 401k distributions, is not considered earned income. You do pay income tax, but not FICA (Social Security and Medicare), on those sources.
yes
All members of Congress and all other federal employees hired since 1984 pay FICA. Whether state and local employees pay varies by state.
Yes. If you work after retirement, your employer is still required to withhold 7.65% of your first $106,800 of gross income for FICA, and to pay a matching amount from company funds on your behalf.