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  2. Social Security (United States) - Wikipedia

    t. e. In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance ( OASDI) program and is administered by the Social Security Administration. The original Social Security Act was signed into law by Franklin D. Roosevelt in 1935, and the current version of the Act, as amended ...

  3. Social Security Administration - Wikipedia

    The Social Security Act created a Social Security Board (SSB), to oversee the administration of the new program. It was created as part of President Franklin D. Roosevelt's New Deal with the signing of the Social Security Act of 1935 on August 14, 1935.

  4. Federal Insurance Contributions Act tax - Wikipedia

    Since 1990, the employee's share of the Social Security portion of the FICA tax has been 6.2% of gross compensation up to a limit that adjusts with inflation. The taxation limit in 2020 was $137,700 of gross compensation, resulting in a maximum Social Security tax for 2020 of $8,537.40.

  5. Brazil added 324,112 formal jobs in November, 3 million in 2021. Employment in Brazil fell 13.9% in November from the same month last year, official adjusted figures showed on Thursday, with the ...

  6. Self-employment - Wikipedia

    The self-employment tax in the United States is typically set at 15.30%, which is roughly the equivalent of the combined contributions of the employee and employer under the FICA tax. The rate consists of two parts: 12.4% for social security and 2.9% for Medicare.

  7. Impact of the COVID-19 pandemic on the arts and cultural ...

    The COVID-19 pandemic had a sudden and substantial impact on the arts and cultural heritage sector. The global health crisis and the uncertainty resulting from it profoundly affected organisations' operations as well as individuals—both employed and independent—across the sector. Arts and culture sector organisations attempted to uphold ...

  8. Social security in Germany - Wikipedia

    The system is financed by contributions from employees and employers. Employees pay 1.2% of their gross salary below the social security threshold and employers pay 1.2% contribution on top of the salary paid to the employee. The contribution level was reduced from 1.3% for employees and employers during the COVID-19 pandemic.