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• Provides benefits for retired workers and their dependents as well as for the disabled and their dependents. Also known as the Federal Insurance Contributions Act (FICA) tax.

  Internal Revenue Service - Cite This Source - This Definition
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  Cite Definition for Social Security Tax

  American Psychological Association (APA)

  Social Security Tax. (n.d.). Understanding Taxes Student Glossary. Retrieved February 8, 2023, from website: http://www.expertglossary.com/definition/social-security-tax.

  Chicago Manual of Style (CMS)

  Social Security Tax. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/social-security-tax (accessed: February 8, 2023).

  Modern Language Association (MLA)

  "Social Security Tax." Understanding Taxes Student Glossary. Internal Revenue Service. 8 February. 2023 http://www.expertglossary.com/definition/social-security-tax.

• Browse Related Terms: business, exempt (from withholding), Federal Insurance Contributions Act (FICA) Tax, Investment Income, lobbyist, Medicare tax, payroll taxes, self-employment tax, Social Security Tax, support, tax exemption, taxable interest income

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