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2. What Is the OASDI Tax on Your Paycheck? - AOL

   www.aol.com/oasdi-tax-paycheck-181333461.html

   The self-employed version is called the SECA tax, for Self-Employment Contributions Act — or simply, self-employment tax. SECA includes 12.4% Social Security tax and 2.9% Medicare tax, so the ...

3. 6 Things You Must Know About Social Security If You’re Self ...

   www.aol.com/6-things-must-know-social-111635744.html

   Here are six other things you must know about Social Security if you’re self-employed. 1. Who Has To Pay Self-Employment Tax. You’re responsible for paying self-employment tax and filing ...

4. How retirement savings will change in 2025 [Video] - AOL

   www.aol.com/finance/retirement-savings-change...

   Self-employed people pay both shares as part of their annual tax return. The amount of income subject to the tax is adjusted annually. In 2025, you’ll pay the tax on work income up to $176,100 ...

5. 3 Big Social Security Changes Coming in 2025 May Surprise ...

   www.aol.com/3-big-social-security-changes...

   The only exception is self-employed individuals, who are taxed at 12.4%. ... the maximum amount most workers will pay in Social Security taxes next year will increase to $10,843.80, meaning some ...

6. What will happen to Social Security under Trump’s tax plan?

   www.aol.com/finance/happen-social-security-under...

   Any plans to eliminate taxes on Social Security benefits would primarily help those beneficiaries who earn between $63,000 and $200,000, according to the Tax Policy Center. Under current law ...

7. A complete guide to SEP IRAs: Why those who are self-employed ...

   www.aol.com/finance/complete-guide-sep-iras-why...

   Make tax-deductible (traditional) or after-tax (Roth) retirement contributions as a self-employed person Contribute the lesser of 25 percent of your income or $69,000 for 2024 (rises to $70,000 in ...

8. Here's how the self-employed can save on taxes and help ... - AOL

   www.aol.com/finance/heres-self-employed-save...

   Folks in business for themselves may also choose a solo 401(k), a retirement plan for self-employed people without employees (except possibly a spouse). This year, your pre-tax total contribution ...

9. Pension vs. Social Security: Which Will Give Me More ... - AOL

   www.aol.com/pension-vs-social-security-more...

   Employed individuals pay 6.2% of their wages to Social Security and their company pays 6.2% for them. Self-employed individuals pay the entire 12.4%. There are three sources of funding for Social ...