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Social Security Tax
Definition
Federal
tax
levied equally on
employers
and
employees
, used to
pay
for
Social Security
programs
.
Related Terms
taxable wage base
-
More
W-2 Form
-
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self-employment tax
-
earned income tax credit
social security disability income insurance
Popular 'Retirement' Terms
annuity
OASDI
deferred compensation
Social Security
IRA
qualified retirement plan
annuitant
non-qualified retirement plan
liquid net worth
401(k) plan
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Social Security Tax is ...
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