Sentences with phrase «wage base limit»

Social security and Medicare taxes have different rates and only the social security tax has a wage base limit.

The wage base limit is the maximum wage subject to the tax for the year.

The social security wage base limit is $ 110,100.

(Employees pay part of the tax — 5.65 percent up to the wage base limit and 1.45 percent after that — and their employers pay the other half.

It's called the «wage base limit.»

The Social Security tax has a wage base limit of $ 118,500 for 2015.

Not exact matches

Based on projections, we think the United States is likely to see solid growth, low inflation and limited wage growth, while in Europe the economic expansion can become further entrenched.

Throughout the year, you've helped others secure a living wage and affordable housing, expanding access to health care, limiting discrimination and disenfranchisement on the basis of color or gender, and ensuring a fairer, more ethical, more participatory democracy and government that work for us all.

The tax, however, applies only to a limited amount of income each year, which is known as the Social Security wage base.

Workers generally have social security tax deducted from their wages, up to an annual limit called the social security wage base.

The annual limit on covered wages is called the social security wage base.

These payments may not be higher than the maximum limit, which is based on statewide average weekly wage, which is adjusted every year on July 1.

Successfully represented a personnel placement company in a commission dispute with a former employee, securing a state court decision that limited the reach of the Massachusetts Wage Act when payment is based on contingencies (2001 WL 716911)

The Bill proposes changes that would (among other things) remove existing limits on unpaid wage claims, make temporary help agencies and their clients jointly liable for unpaid wages, and impose automatic adjustments to minimum wage based on the Consumer Price Index.