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1: Alfred Morneau eamed gross pay of $820. Each period he makes a 401(k) contribution of 5% of gross pay, and his current year taxable

1: Alfred Morneau eamed gross pay of $820. Each period he makes a 401(k) contribution of 5% of gross pay, and his current year taxable earnings for Social Security tax, to date, are $37,200 Total Social Security tax = $ 50.84 2 Rachel Schillo eamed gross pay of $1,900. She does not make any retirement plan contributions, and her current year taxable earnings for Social Security tax, to date, are $105,000. Total Social Security tax = $ 3: Rudolph Fabrizio earned gross pay of $3,200. Each period he contributes 3% of gross pay to a flexible spending account, and his current year taxable earnings for Social Security tax, to date, are $141,300, Total Social Security tax 5 4: Michael Frank earned gross pay of $2,650. Each period he designates 6% of gross pay for a dependent care flexible spending account, and his current year taxable earnings for Social Security tax, to date, are $224,300. Total Social Security tax S

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