General Question

srmorgan's avatar

Do you pay FICA and Medicare Taxes if you receive a pension from the State?

Asked by srmorgan (6768points) October 17th, 2013

My wife’s friend is retiring with a state pension and asked the question.
I think not, but maybe someone knows definitely about this

Thanks to all

SRM

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1 Answer

Adirondackwannabe's avatar

No, only wages and earnings and business income are subject to FICA and Medicare. The pension will be income, subject to income tax but that’s it.

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