American Indian and Alaska Native Population in Plantersville, MS. In 2000, the number of American Indians or Alaska Natives in Plantersville, MS was 2. Asian Population in Plantersville, Mississippi. At the last survey, the total Asian population in the community was 0.
In addition to the amount withheld from its employees for Social Security taxes, the employer must contribute/remit an additional amount, which is an expense for the employer. In the year 2018, the employer's portion of the Social Security tax is 6.2% of the first $128,400 of an employee's annual wages and salary. For example, if an employee earns $40,000 of wages, the entire $40,000 is subject to the Social Security tax. This means that in addition to the withholding of $2,480, the employer must also pay $2,480.
The Social Security tax rate is 12.4 percent of pay, with 6.2 percent paid by the worker and 6.2 percent paid by the employer. Thus, a worker who earns $117,000 in 2014 will pay $7,254 in Social Security taxes â or about $205 more than in 2013.