These functions return the tax rates for Social Security's Old-Age, Survivors, and Disability Insurance (OASDI) program. All functions share the same syntax:

·        SSTaxRate returns the payroll tax rate for employees.

·        SSTaxRateER returns the payroll tax rate for employers.

·        SSTaxRateSE returns the payroll tax rate for self-employed workers.

Tax rates are set by law (see sections 1401, 3101, and 3111 of the Internal Revenue Code) and apply to earnings up to a maximum amount (the taxable wage base) for OASDI.

More information can be found at the Social Security web site.

Syntax

SSTaxRate (Year)

SSTaxRateER (Year)

SSTaxRateSE (Year)