Commenting on Tanzania 's 2025 Millennium Development Goal Tanzanian Prime Minister Mizengo Pinda said only 12 years remained and the Tanzanian government is focussed on applying the Big Results Now initiative to ensure there is clear implementation of various projects.
The maximum Social Security tax in 2017 will be $7,886.40 per employee, which represents a pretty big increase over 2016. That's the simple answer. Below, find out why the maximum Social Security tax is increasing so much, whether the increase will affect you, and what to expect in the coming years.
(Effective 1/1/2015). FICA OASDI (Social Security) up to maximum wage of $118,500 taxed at rate of 6.2% - Maximum withholding on FICA EE OASDI for 2015 is $7,347. FICA Medicare for all employees taxed at rate of 1.45%.ICA OASDI (Social Security) up to maximum wage of $117,000 taxed at rate of 6.2% - Maximum withholding on FICA EE OASDI for 2014 is $7,254. FICA Medicare for all employees taxed at rate of 1.45%.