SOLUTION: 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 soc
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-> SOLUTION: 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 soc
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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? Answer by MathLover1(20850) (Show Source):
Employees paid % or, as decimal,
if earning $ a year, employee will pay $ a year towards social security
employers paid another %, or , employer paid another $ a year towards social security for that employee