Social Security (FICA)tax is withheld from the employees' pay and matched by the employer.

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Social Security (FICA) tax is a payroll tax that is withheld from an employee's wages and must be matched by the employer. This tax funds the Social Security program, which provides benefits to retired, disabled, and survivor beneficiaries. Both the employer and employee pay 6.2% of the employee's wages up to a certain limit ($142,800 in 2021).

Social Security (FICA)tax Is Withheld from the Employees' Pay and Matched