An employee eamed $$37,000$ during the year working for an employer when the maximum limit for Social Security was $$137,700.$ The Federal Insurance Contibutions Ad $($FIC$)$ lax rate for Socal Security i$562\%$ and the Federal Insurance Contributions Act $($FICA$)$ tax rate for Medicare is $145\%.$ The employees annual Federal Insurance Contributions Act $($FICA$)$ taxes amount IS:$32\mathrm{.}294\mathrm{.}00$$$836\mathrm{.}50\mathrm{.}52,830\mathrm{.}50519,565$