A little more than 7% of your paycheck goes to cover the social programs that Americans use when they become elderly or ...
For thousands of Indian students studying and working in the United States, a little-known but critical part of the paycheck calculation is the FICA tax. As debates intensify in Washington over ...
Individuals with earned income of more than $200,000 ($250,000 for married couples filing jointly) pay an additional 0.9% in Medicare taxes. These taxes from your paycheck fund the Social Security and ...