Social security tax


 

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Social security tax

In the US, a federal tax imposed on income and paid equally by employer and employee up to a maximum income level.



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Social Security benefits

Social Security benefits

Monthly government payments to retired workers or their families who have paid Social Security taxes for a total of 40 quarters or 10 years.


Social security disability income insurance

Social security disability income insurance

Insurance which provides income to disabled people incapacitated for one year or more. Benefits are payable up to the person's death.


Security deposit (initial)

Security deposit (initial)

Synonymous with the term margin. A cash amount that must be deposited with the broker for each contract as a guarantee of fulfillment of the futures contract. It is not considered as part payment or purchase. Related: Margin.


Security certificate

Security certificate

Stored information used by the SSL protocol to establish a secure Internet connection; typically contains information about who the certificate belongs to, who it was issued by, a unique serial number, valid dates, and an encrypted "fingerprint".


Variable price security

Variable price security

A security that sells at a fluctuating market-determined price stocks and bonds are example.


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