Job Recruitment Website - Social security inquiry - Social Security and Provident Fund Contribution Ratio in Nevada, U.S.A.

Social Security and Provident Fund Contribution Ratio in Nevada, U.S.A.

Social insurance and provident fund contribution rates in Nevada, USA are as follows:

Social insurance: employers and employees contribute the following rates:

Federal social insurance: employers contribute 6.2% and employees contribute 6.2%;

State social insurance: the exact rate may vary from state to state, and Nevada's regulations may range from 7% to 8%, which you need to check the state's regulations.

Provident Fund: Nevada does not have a mandatory provident fund system, but does have a voluntary retirement savings program. The scheme allows employees to choose whether or not to contribute a portion of their income to a retirement account in order to enjoy tax benefits. The exact percentage of contribution depends on the employee's choice.

It should be noted that the exact amount may vary slightly depending on the policy's and tax rates. The above information is for reference only and you are advised to consult if necessary