As of my last update in October 2023, the current Social Security tax rate for employees is 6.2%. You can begin receiving Social Security benefits at the age of 62, although the benefits will be higher if you wait until your full retirement age or even longer. Each pay period, these taxes are taken out of your paycheck.
The current tax rate for Social Security is
Fill in the blank % (employee only). At the age of
Fill in the blank you can begin receiving social security benefits. Although the benefit will be higher if you wait additional years.
Each pay period these taxes are taken out of your paycheck.
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