What taxes are employers required to match contributions for?

Employers are required to match contributions for both Social Security Tax and Medicare Tax, which are components of the Federal Insurance Contributions Act (FICA). This means that for every dollar an employee contributes to these taxes, the employer must contribute an equal amount.

Social Security Tax provides benefits for retired workers and those with disabilities, while Medicare Tax funds health care for individuals aged 65 and older. This matching requirement is essential for ensuring that sufficient funds are collected to support these critical federal programs.

Other tax types listed, such as Occupational Tax, Sales Tax, and State Income Tax, do not have a matching requirement for employers. Employers may collect these taxes from employees, but they do not have an obligation to match contributions, making Social Security Tax and Medicare Tax uniquely significant in this context.