Calculators

Payroll & Taxes

Salary & Withholding Info:

- Social Security Tax (FICA OASDI): In 2013, FICA OASDI is calculated as your gross earnings times 6.2%.  Incomes over $113,700 that have already had the maximum Social Security tax of $7,049.40 withheld will not have additional withholding in the current year.

Medicare Tax: The FICA Medicare tax is calculated as your gross earnings times 1.45%. Unlike the Social Security tax, there is no annual limit to the Medicare tax. Starting in 2013, an additional Medicare tax of 0.9% is withheld on all gross earnings paid in excess of $200,000 in a calendar year.

Retirement

Financial & Business