Years You Worked |
Your Taxed Social Security |
Your Taxed Medicare Earnings |
1981 |
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1982 |
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1983 |
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1984 |
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1985 |
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1986 |
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1987 |
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1988 |
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1989 |
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1990 |
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1991 |
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1992 |
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1993 |
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1994 |
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1995 |
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1996 |
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1997 |
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1998 |
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1999 |
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2000 |
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2001 |
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2002 |
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2003 |
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2004 |
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2005 |
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Did you know… Social Security is more than just a retirement program?
It’s here to help you when you need it most.
You and your family
may be eligible for valuable benefits:
When you die, your family may
be eligible to receive survivors benefits.
Social Security may help
you if you become disabled—even at a young age.
It is possible
for a young person who has worked and paid Social Security taxes
in as few as two years to become eligible for disability benefits.
Social Security
credits you earn move with you from job to job throughout your career.
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| Total Social Security and Medicare
taxes paid over your working career through the last year reported
on the chart above: |
Estimated taxes paid for Social Security:
You paid: $26,688
Your employers paid: $26,688 |
Estimated taxes paid for Medicare: You paid: $6,269
Your employers paid: $6,269 |
Note: You currently pay 6.2 percent
of your salary, up to $94,200, in Social Security taxes and 1.45
percent in Medicare taxes on your entire salary. Your employer also
pays 6.2 percent in Social Security taxes and 1.45 percent in Medicare
taxes for you. If you are self-employed, you pay the combined employee and employer
amount of 12.4 percent in Social Security taxes and 2.9 percent in Medicare taxes
on your net earnings.
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Help Us Keep Your Earnings Record Accurate |
You, your employer and Social Security share responsibility for the accuracy of your earnings record. Since you began working, we recorded your reported earnings under your name and Social Security number. We have updated your record each time your employer (or you, if you’re self-employed) reported your earnings.
Remember, it’s your earnings, not the amount of taxes you paid or the number of credits you’ve earned, that determine your benefit amount. When we figure that amount, we base it on your average earnings over your lifetime. If our records are wrong, you may not receive all the benefits to which you’re entitled.
Review this chart carefully using your own records to make sure our information is correct and that we’ve recorded each year you worked. You are the only person who can look at the earnings chart and know whether it is complete and correct.
Some or all of your earnings from last
year may not be shown on your Statement. It could be that we still were processing last year’s earnings reports |
when your Statement was prepared. Your complete earnings for last year will be shown on next year’s Statement. Note: If you worked for more than one employer during any year, or if you had both earnings and self-employment income, we combined your earnings for the year.
There’s a limit on the amount of earnings on which you pay Social Security taxes each year. The limit increases yearly. Earnings above the limit will not appear on your earnings chart as Social Security earnings. (For Medicare taxes, the maximum earnings amount began rising in 1991. Since 1994, all of your earnings are taxed for Medicare.)
Call us right
away at 1-800-772-1213 (7 a.m.–7 p.m. your local time)
if any earnings for years before
last year are shown incorrectly.
If possible, have your W-2 or tax return for those years available.
(If you live outside the U.S., follow the directions at the bottom
of the last page .) |
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