QUICK TAX FACTS
SOCIAL SECURITY HIGHLIGHTS
		2009		2010
Maximum Earnings Subject to:
Social Security Tax		$106,800		$106,800
Medicare Tax		No Limit		No Limit
Rate of Tax:
Employee Social Security Tax		6.20%		6.20%
Employee Medicare Tax		1.45%		1.45%
Self Employed Social Security Tax		12.40%		12.40%
Self Employed Medicare Tax		2.90%		2.90%
Maximum Tax Paid by:
Employee Social Security Tax		$6,621.60		$6,621.60
Employee Medicare Tax		No Limit		No Limit
Self Employed Social Security Tax		$13,243.20		$13,243.20
Self Employed Medicare Tax		No Limit		No Limit
Maximum Earnings and Still
Receive Full SS Benefits:
Full Retirement Age and Older		No Limit		No Limit
Year Full Retirement Age Reached		$37,680		$37,680
Under Full Retirement Age		14,160		14,160

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