Place the pot on the stove and turn the heat to high. Check for steam escaping from under the lid, then lift the lid carefully to see how the water is doing. Look at the water. If large bubbles are rising from the bottom of the pot to the surface, the water is boiling.
Usually, the employer and the employee pay the same amount for Social Security tax, but there have been exceptions. For example, the employee rate in 2011 and 2012 was 4.2 percent. Employers paid 6.2 percent. As of the time of publication, employers and employees each pay 6.2 percent.
Of the estimated 165 million U.S. workers who will pay Social Security payroll taxes in 2014, about 10 million will pay a higher amount as a result of the inflation-based increase in wages subject to Social Security withholding. Social Security and Medicare payroll withholding are collected together as the Federal Insurance Contributions Act (FICA) tax. By Jan. 1, U.S. employers should have: Adjusted their payroll systems to account for the higher taxable maximum under the Social Security portion of FICA. Notified affected employees that more of their paychecks will be subject to FICA. Withholding Rates Unchanged. The portion of the Social Security FICA tax that employees pay remains unchanged at the 6.2 percent ...