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Federal Insurance Contributions Act tax - Wikipedia, the free ...
For 2006, the employee's share of the Social Security portion of the tax is 6.2% of gross compensation (not to exceed $94,200 of compensation). This limit, known as the "FICA-wage-base", goes up each...
The Master's Tax Service - FICA Taxes
Year Seniors who have not reached Full Retirement Age (FRA) Seniors reaching Full Retirement Age (FRA) Monthly Limit Annual Limit Monthly Limit Annual Limit; 2006 $1,040 $12,480 $2,770 $33,240