2012 & 2013 Social Security Key Facts

2012 & 2013 Social Security Key Facts20122013
Maximum Earnings subject to Social Security Tax$110,100$113,700
Maximum Earnings subject to Medicare TaxNo LimitNo Limit
Employee Social Security Tax4.20%6.20%
Employee Maximum Social Security Tax$4,624.20$7,049.40
Employee Medicare Tax: (No Limit)1.45%1.45%
Self-employed Social Security Tax Rate:10.40%12.40%
Self-employed Maximum Social Security Tax$11,450.40$14,098.80
Self-employed Medicare Tax2.90%2.90%
Maximum Amount of Earnings to Still Receive
Full Benefits under Full Retirement Age:
$14,640$15,120

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