Social Security tax is taken off of income earned by both self-employed and company-employed workers. Self-employed workers must apply this tax to their earnings when filing federal and state income taxes, while employers withhold Social Security tax from their employees' paychecks automatically.

629028040

149357059

488483876

181886517

530607545

617864230

493886605

174859488

shutterstock_512665549

shutterstock_573185038

shutterstock_733661032

Money and finance can be stressful topics of conversation. No one is born naturally money-savvy, but it’s important to keep informed in today’s globalized world.

Say you want to ask your bank about getting a mortgage or opening an investment account, but you’re afraid you won’t understand some of the vocabulary or numbers they throw at you. Instead of nodding your head and walking out unsatisfied, you can go into these conversations prepared! Facty Finance will help you gain an understanding of the basics, so you can get the most out of your time and money.

However, Facty Finance is not only there to give you an overview of the basics. Jump into articles about creative ways to save money, like <em>Best Cell Phone Plans</em> or <em>10 Easy Ways to Make Extra Cash</em>. Read about the things you need to know to expand your mind and your money to its full potential.

Finance

What is the Social Security Tax?

7. What are Survivors Benefits?

Popular Now on Facty

Disclaimer