How Much Social Security do I Pay?

Answer

From your earnings up to $106,800, 6.20% is deducted for social security tax. An additional 1.45% is deducted from all earnings for Medicare Hospital Insurance (MHI). So, you can expect for a total of 7.65% of your earnings to be deducted for social security and MHI taxes. You can find out more information here: www.ssa.gov
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The amount of your paycheck that is withheld for Social Security is 6.2 percent as of 2009. The amount you pay per year is capped at just over $100,000. ...
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