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2. FICA Tax Rate for 2023-2024: Everything You Need To Know - AOL

   www.aol.com/fica-tax-rate-2023-2024-200955986.html

   Overall, the FICA tax rate is 7.65%: 6.2% goes toward Social Security tax and 1.45% goes toward Medicare tax, which helps fund benefits for children, retirees and the disabled. The acronym FICA ...

3. Federal Employees Pay Comparability Act of 1990 - Wikipedia

   en.wikipedia.org/wiki/Federal_Employees_Pay...

   The Federal Employees Pay Comparability Act of 1990 or FEPCA ( H.R. 5241, Pub. L. 101–509) is a United States federal law relating to the salaries for employees of the United States Government. In the 1980s, salaries for civil servants in the executive branch had fallen behind private sector pay.

4. Medicare and Social Security funding: FICA taxes and trust ...

   www.aol.com/finance/medicare-social-security...

   Payroll taxes are the main source of funding for both Medicare and ... ($168,600 in 2024). This cap means that high-income earners don’t pay Social Security tax on any income that surpasses the ...

5. Salaries of members of the United States Congress - Wikipedia

   en.wikipedia.org/wiki/Salaries_of_members_of_the...

   Leadership and other positions. Additional pay schedule for the Senate and House positions: SCHEDULE 6—VICE PRESIDENT AND MEMBERS OF CONGRESS, per Executive order 14113, effective for 2024. [3] Position. Salary. Vice President. $284,600. Senators and House Representatives.

6. General Schedule (US civil service pay scale) - Wikipedia

   en.wikipedia.org/wiki/General_Schedule_(US_civil...

   The General Schedule ( GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS.

7. How can I pay zero taxes on my Social Security? Here are 5 ...

   www.aol.com/finance/pay-zero-taxes-social...

   It was announced on Nov. 1 the 2024 IRA contribution limit will rise to $7,000. In 2023, the limit is $6,500. If you’re over 50 years of age, you can contribute an extra $1,000 to “catch up ...

8. AOL Mail

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

9. Payroll tax - Wikipedia

   en.wikipedia.org/wiki/Payroll_tax

   Payment of Federal and many state payroll taxes is required to be made by electronic funds transfer if certain dollar thresholds are met, or by deposit with a bank for the benefit of the taxing jurisdiction. Penalties. Failure to timely and properly pay federal payroll taxes results in an automatic penalty of 2% to 10%.