Fun Fact of the Day, November 13, 2018

November 13, 2018

NOT ALL INCOME - The maximum taxable wage base subject to the social security payroll tax is $132,900 for 2019.  An estimated 82.5% of earnings of all US workers will be subject to the social security payroll tax next year, a levy that is 6.2% for employees and 6.2% for employers (source: 2018 Trustees Report).

Share on Facebook
Share on Twitter
Please reload

© 2017 Nova Wealth Management, Inc. is a Registered Investment Advisor.  All Rights Reserved. Designed by Reframed