The percent of Social Security tax charged and the amount of salary subject to the tax can change from year to year.

Name: The percent of Social Security tax charged and the amount of salary subject to the tax can change from year to year.
Brand: Quizplus
Rating: 4.9 (61 reviews)

Question

Quizplus · Accepted Answer

The Social Security tax rate and maximum taxable earnings subject to the tax are adjusted annually based on changes in the national average wage index.

The Percent of Social Security Tax Charged and the Amount