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Do employees pay social security tax on the amounts contributed?

Is social security assessed on the gross income or the gross less the 401k contributions? if the contributions are not subject to ss taxes, then the employers ss tax would be reduced by the same amount, right?

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Is it possible to withdraw my current year contributions to my 401k, pay the tax on that amount, and not pay a penalty?

I thought i had read in an irs document that i could withdraw my 2008 contributions to my 401k plan and pay the taxes on that amount. i had contributed $6075.00 of my previous company's salary to my plan. is it possible to withdraw that amount, less 20% for federal income tax? (i live in florida,...

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Can i withdraw post-tax funds from my 401k?

I am 54 and retired. i have a 401k that i made post-tax contributions to and my previous employer also matched my contributions. i realize that taxes will have to be paid on withdrawal of the employer-made contributions and any interest received on my contributions, as well as theirs. but can i withdraw...

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