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Tags: business, employment
Categories: Economics & Finance
The tax levied on both employers and employees used to fund the Social Security program. Social Security tax is usually collected in the form of payroll tax or self-employment tax. The Social Security tax pays for the retirement and disability benefits
(source: http://www.investopedia.com/terms/s/social-security-tax.asp#ixzz2GpkVKETL)
