20 CFR § 404.1263 - When fractional part of a cent may be disregarded—for wages paid prior to 1987.
---
identifier: "/us/cfr/t20/s404.1263"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "20 CFR § 404.1263 - When fractional part of a cent may be disregarded—for wages paid prior to 1987."
title_number: 20
title_name: "Employees' Benefits"
section_number: "404.1263"
section_name: "When fractional part of a cent may be disregarded—for wages paid prior to 1987."
chapter_name: "SOCIAL SECURITY ADMINISTRATION"
part_number: "404"
part_name: "FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950- )"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
cfr_part: "404"
---
# 404.1263 When fractional part of a cent may be disregarded—for wages paid prior to 1987.
In paying contributions to a Federal Reserve bank or branch, a State may disregard a fractional part of a cent unless it amounts to one-half cent or more, in which case it shall be increased to one cent. Fractional parts of a cent shall be used in computing the total of contributions.