Each employer is responsible for matching the 6.2% Social Security Tax that is taken out of an employee's check.TrueFalse

Analysis of the Statement:

• The statement claims that each employer is responsible for matching the 6.2% Social Security Tax taken from an employee's paycheck.

1. Understanding Social Security Tax:

   • The Social Security tax is a federal tax that funds the Social Security program, which provides benefits for retirees, the disabled, and survivors of deceased workers.

2. Employee and Employer Contributions:

   • As of the current federal guidelines, both employees and employers contribute to Social Security at a rate of 6.2%. This means that if an employee has 6.2% deducted from their paycheck for Social Security, the employer must also contribute an additional 6.2%.

3. Conclusion:

   • Since the employer is indeed required to match the Social Security tax deducted from an employee’s paycheck, the statement is True.

Final Answer

True. Each employer is responsible for matching the 6.2% Social Security Tax that is taken out of an employee's check.