Compare FICA Tier 1 (Social Security wage base 6.2%) and Tier 2 railroad retirement contributions, showing break-even crossover and net take-home impact by income level.
Enter the values for the scenario you are assessing. Compare FICA Tier 1 (Social Security wage base 6.2%) and Tier 2 railroad retirement contributions, showing break-even crossover and net take-home impact by income level. Use the fica tiers result to inform your calculation.