Tag: Socialsecuritytaxcap

Posted on 01/08/2021
2021 Social Security Tax Cap
If you have a traditional job, you pay 6.2% of your salary per year in Social Security taxes. That number is then matched by your employer. But there’s a cap on how much money people are expected to contribute every year. In 2021, you will pay Social Security taxes on all of your income up to $142,800. That is...
+ 2 more
Read More