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The FICA tax rate is currently 7.65% of employees' income. This tax is split between 6.2% for Social Security and 1.45% for Medicare.
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If your total income is less than $25,000, you are not subject to Social Security taxes.
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It is typical for Social Security benefits to be 85% taxable, especially for clients with high income sources in retirement. Taxable Social Security can be 0%, 50% or 85% taxable, depending on income level.
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