7 ms·
Plus, I believe, the employer part which is another 6.2% on a wage base limit of $127,200. A bit hidden away so you don't think about it too much.
by njarboe 9y ago
Plus, I believe, the employer part which is another 6.2% on a wage base limit of $127,200. A bit hidden away so you don't think about it too much.
- metaphor 9y agoYeah, employer pays the same 6.2% and 1.45%, respectively...except for the additional 0.9% Medicare conditional, which is withheld from the employee only. The self-employed effectively pay double out of pocket.