Who doesn’t have to pay Social Security payroll tax?
The vast majority of working Americans pay into the Social Security program in the form of payroll taxes, sometimes called SS FICA taxes, or self-employment taxes which contribute to the program’s ability to pay benefits. But, although their numbers are small (and diminishing), there are some categories of employees working in the U.S. who are exempt from paying into the Social Security system, including certain religious sects, certain working university students, some foreign workers and some public sector employees. This Yahoo! Finance article by Sarah Fisher explains. Click here to read more.
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