document.write( "Question 1205598: Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $65,000 a year pay towards social security out of their gross wages? \n" ); document.write( "

Algebra.Com's Answer #842502 by MathLover1(20850) $\"\"$ $\"About$

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\n" ); document.write( "\n" ); document.write( "Employees paid $\"4.2\"$ % or, as decimal, $\"0.042\"$
\n" ); document.write( "if earning $ $\"65000\"$ a year, employee will pay $ $\"65000%2A0.042=2730\"$ a year towards social security\r
\n" ); document.write( "\n" ); document.write( "employers paid another $\"6.2\"$ %, or $\"0.062\"$ , employer paid another $ $\"65000%2A0.062=4030\"$ a year towards social security for that employee \n" ); document.write( "

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