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RRB releases statement on 2015 tax rates

By Railroad Retirement Board | Dec 05, 2014
RRB releases statement on 2015 tax rates image

The amounts of compensation subject to railroad retirement Tier I and Tier II payroll taxes will increase in 2015, with the Tier I tax rates remaining the same while Tier II tax rates will increase for both railroad employers and employees. Also, railroad unemployment insurance contribution rates paid by employers will include a surcharge of 1.5 percent in 2015.

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