Social Security/Medicare Levels
Taxable Wage Base
| |
2013 |
2012 |
2011 |
2010 |
2009 |
2008 |
| Social Security |
$113,700 |
$110,100 |
$106,800 |
$106,800 |
$106,800 |
$102,000 |
| Medicare |
No Limit |
No Limit |
No Limit |
No Limit |
No Limit |
No Limit |
Employer and Employee Payroll Tax
| |
2013 |
2012 |
2011 |
2010 |
2009 |
2008 |
| Social Security |
6.20% |
4.20%/6.20% |
4.20%/6.20% |
6.20% |
6.20% |
6.20% |
| Medicare |
1.45% |
1.45% |
1.45% |
1.45% |
1.45% |
1.45% |
*For 2013 and later, employees will pay an Additional Medicare Tax of 0.9% on income over $200,000, for individuals, and $250,000 for Married filing jointly