IRS issues 2018 Tier 2 railroad retirement tax rates

The IRS has released the tier 2 Railroad Retirement Tax Act (RRTA) tax rates for 2018 for railroad employees, employers and employee representatives, respectively. For 2018, the tier 2 tax rate on employees is 4.9 percent of compensation and the tier 2 tax rate on employers and employee representatives is 13.1 percent of compensation. (Publication of the Tier 2 Tax Rates for Calendar Year 2018, November 29, 2017.)

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