social security payroll tax
Social security payroll tax refers to a mandatory deduction from employees' wages to fund the social security program, which provides financial benefits to retirees, disabled individuals, and their families.
Requires login.
Related Concepts (1)
Similar Concepts
- increase in payroll taxes
- payroll tax
- payroll tax fraud
- payroll tax raises
- payroll taxes
- social security
- social security contributions
- social security deductions
- social security rates
- social security tax
- social security taxation
- social security taxes
- social security trust fund
- social security withholdings
- taxable wages for social security