you are viewing a single comment's thread
view the rest of the comments
[–] 8 points 4 months ago

There's a cap on how much you (and your employer) pay per SSN / year. So, for particularly high wages or salaries, the percentage goes down, for every dollar made above the cap.

Also, things like stock( option)s often made up a significant portion of compensation for high earners and those aren't subject to SSI tax at all, IIRC.

  • source
  • parent