Question

The percentage of a person's pay that is deducted for FICA-Social Security is _____.

Group of answer choices

6.2%

1%

3%

10%

Answer 1

6.2%

Step-by-step explanation:

The current social security tax is 6.2% of an employee's gross pay. It means the employee is deducted 6.2% of gross pay as social security tax. The employer also contributes 6.2% of the employee' gross pay.