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Social Security (United States)

Updated: Wikipedia source

Social Security (United States)

In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). The Social Security Act was passed in 1935, and the existing version of the Act, as amended, encompasses several social welfare and social insurance programs. The average monthly Social Security benefit for May 2025 was $1,903. This was raised from $1,783 in 2024. The total cost of the Social Security program for 2022 was $1.244 trillion or about 5.2 percent of U.S. gross domestic product (GDP). In 2025 there have been proposed budget cuts to social security. Social Security is funded primarily through payroll taxes called the Federal Insurance Contributions Act (FICA) or Self Employed Contributions Act (SECA). Wage and salary earnings from covered employment, up to an amount determined by law (see tax rate table), are subject to the Social Security payroll tax. Wage and salary earnings above this amount are not taxed. In 2024, the maximum amount of taxable earnings is $168,600. Social Security is nearly universal, with 94 percent of individuals in paid employment in the United States working in covered employment. However, about 6.6 million state and local government workers in the United States, or 28 percent of all state and local workers, are not covered by Social Security but rather pension plans operated at the state or local level. The amount of money allocated to social security is connected to the number of working class people in the labor force every month. Social Security payroll taxes are collected by the federal Internal Revenue Service (IRS) and are formally entrusted to the Federal Old-Age and Survivors Insurance (OASI) Trust Fund and the federal Disability Insurance (DI) Trust Fund, the two Social Security Trust Funds. Social Security revenues exceeded expenditures between 1983 and 2009 which increased trust fund balances. The retirement of the large baby-boom generation however, is lowering balances. Without legislative changes, trust fund reserves are projected to be depleted in 2033 for the OASI fund. Should depletion occur, incoming payroll tax and other revenue would be sufficient to pay 77 percent of OASI benefits starting in 2035. With few exceptions, all legal residents working in the United States have an individual Social Security Number.

Tables

· History
Year
Year
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Year
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
MaximumEarningstaxed
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
OASDITax rate
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
MedicareTax Rate
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Year
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
MaximumEarningstaxed
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
OASDITax rate
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
MedicareTax Rate
1937
1937
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1937
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1981
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
29,700
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.7%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.6%
1938
1938
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1938
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1982
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
32,400
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.6%
1939
1939
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1939
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1983
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
35,700
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.6%
1940
1940
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1940
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1984
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
37,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
11.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.6%
1941
1941
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1941
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1985
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
39,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
11.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.7%
1942
1942
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1942
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1986
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
42,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
11.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1943
1943
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1943
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1987
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
43,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
11.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1944
1944
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1944
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1988
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
45,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.12%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1945
1945
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1945
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1989
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
48,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.12%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1946
1946
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1946
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1990
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
51,300
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1947
1947
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1947
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1991
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
53,400
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1948
1948
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1948
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1992
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
55,500
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1949
1949
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1949
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1993
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
57,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1950
1950
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1950
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1994
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
60,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1951
1951
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1951
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1995
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
61,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1952
1952
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1952
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1996
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
62,700
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1953
1953
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1953
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1997
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
65,400
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1954
1954
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1954
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
3,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1998
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
68,400
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1955
1955
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1955
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1999
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
72,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1956
1956
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1956
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
76,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1957
1957
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1957
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4.5%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2001
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
80,400
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1958
1958
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1958
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4.5%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2002
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
84,900
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1959
1959
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1959
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
5%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2003
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
87,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1960
1960
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1960
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
6%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2004
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
87,900
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1961
1961
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1961
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
6%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2005
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
90,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1962
1962
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1962
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
6.25%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2006
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
94,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1963
1963
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1963
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7.25%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2007
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
97,500
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1964
1964
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1964
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7.25%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2008
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
102,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1965
1965
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1965
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
4,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7.25%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2009
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
106,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1966
1966
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1966
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
6,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7.7%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
0.7%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2010
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
106,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1967
1967
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1967
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
6,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.0%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2011
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
106,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1968
1968
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1968
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7.6%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2012
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
110,100
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1969
1969
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1969
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
8.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2013
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
113,700
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1970
1970
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1970
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
8.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2014
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
117,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1971
1971
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1971
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
7,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2015
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
118,500
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1972
1972
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1972
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.2%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2016
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
118,500
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1973
1973
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1973
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.7%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.0%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2017
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
127,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1974
1974
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1974
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
13,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.9%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2018
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
128,400
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1975
1975
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1975
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
14,100
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.9%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2019
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
132,900
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1976
1976
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1976
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
15,300
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.9%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2020
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
137,700
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1977
1977
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1977
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
16,500
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
9.9%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1.8%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2021
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
142,800
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1978
1978
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1978
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
17,700
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.1%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.0%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2022
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
147,000
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1979
1979
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1979
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
22,900
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.16%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.1%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2023
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
160,200
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
1980
1980
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
1980
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
25,900
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
10.16%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.1%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2024
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
168,600
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
12.4%
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
2.9%
Notes: Tax rate is the sum of the OASDI and Medicare rate for employers and workers.In 2011 and 2012, the OASDI tax rate on workers was set temporarily to 4.2%while the employers OASDI rate remained at 6.2% giving 10.4% total rate.Medicare taxes of 2.9% now (2013) have no taxable income ceiling.Sources: Social Security Administration
Notes: Tax rate is the sum of the OASDI and Medicare rate for employers and workers.In 2011 and 2012, the OASDI tax rate on workers was set temporarily to 4.2%while the employers OASDI rate remained at 6.2% giving 10.4% total rate.Medicare taxes of 2.9% now (2013) have no taxable income ceiling.Sources: Social Security Administration
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Notes: Tax rate is the sum of the OASDI and Medicare rate for employers and workers.In 2011 and 2012, the OASDI tax rate on workers was set temporarily to 4.2%while the employers OASDI rate remained at 6.2% giving 10.4% total rate.Medicare taxes of 2.9% now (2013) have no taxable income ceiling.Sources: Social Security Administration
Historical Social Security Tax RatesMaximum Salary FICA or SECA taxes paid on
Year
MaximumEarningstaxed
OASDITax rate
MedicareTax Rate
Year
MaximumEarningstaxed
OASDITax rate
MedicareTax Rate
1937
3,000
2%
1981
29,700
10.7%
2.6%
1938
3,000
2%
1982
32,400
10.8%
2.6%
1939
3,000
2%
1983
35,700
10.8%
2.6%
1940
3,000
2%
1984
37,800
11.4%
2.6%
1941
3,000
2%
1985
39,600
11.4%
2.7%
1942
3,000
2%
1986
42,000
11.4%
2.9%
1943
3,000
2%
1987
43,800
11.4%
2.9%
1944
3,000
2%
1988
45,000
12.12%
2.9%
1945
3,000
2%
1989
48,000
12.12%
2.9%
1946
3,000
2%
1990
51,300
12.4%
2.9%
1947
3,000
2%
1991
53,400
12.4%
2.9%
1948
3,000
2%
1992
55,500
12.4%
2.9%
1949
3,000
2%
1993
57,600
12.4%
2.9%
1950
3,000
3%
1994
60,600
12.4%
2.9%
1951
3,600
3%
1995
61,200
12.4%
2.9%
1952
3,600
3%
1996
62,700
12.4%
2.9%
1953
3,600
3%
1997
65,400
12.4%
2.9%
1954
3,600
4%
1998
68,400
12.4%
2.9%
1955
4,200
4%
1999
72,600
12.4%
2.9%
1956
4,200
4%
2000
76,200
12.4%
2.9%
1957
4,200
4.5%
2001
80,400
12.4%
2.9%
1958
4,200
4.5%
2002
84,900
12.4%
2.9%
1959
4,800
5%
2003
87,000
12.4%
2.9%
1960
4,800
6%
2004
87,900
12.4%
2.9%
1961
4,800
6%
2005
90,000
12.4%
2.9%
1962
4,800
6.25%
2006
94,200
12.4%
2.9%
1963
4,800
7.25%
2007
97,500
12.4%
2.9%
1964
4,800
7.25%
2008
102,000
12.4%
2.9%
1965
4,800
7.25%
2009
106,800
12.4%
2.9%
1966
6,600
7.7%
0.7%
2010
106,800
12.4%
2.9%
1967
6,600
7.8%
1.0%
2011
106,800
10.4%
2.9%
1968
7,800
7.6%
1.2%
2012
110,100
10.4%
2.9%
1969
7,800
8.4%
1.2%
2013
113,700
12.4%
2.9%
1970
7,800
8.4%
1.2%
2014
117,000
12.4%
2.9%
1971
7,800
9.2%
1.2%
2015
118,500
12.4%
2.9%
1972
9,000
9.2%
1.2%
2016
118,500
12.4%
2.9%
1973
10,800
9.7%
2.0%
2017
127,200
12.4%
2.9%
1974
13,200
9.9%
1.8%
2018
128,400
12.4%
2.9%
1975
14,100
9.9%
1.8%
2019
132,900
12.4%
2.9%
1976
15,300
9.9%
1.8%
2020
137,700
12.4%
2.9%
1977
16,500
9.9%
1.8%
2021
142,800
12.4%
2.9%
1978
17,700
10.1%
2.0%
2022
147,000
12.4%
2.9%
1979
22,900
10.16%
2.1%
2023
160,200
12.4%
2.9%
1980
25,900
10.16%
2.1%
2024
168,600
12.4%
2.9%
2025
176,100
12.4%
2.9%
Notes: Tax rate is the sum of the OASDI and Medicare rate for employers and workers.In 2011 and 2012, the OASDI tax rate on workers was set temporarily to 4.2%while the employers OASDI rate remained at 6.2% giving 10.4% total rate.Medicare taxes of 2.9% now (2013) have no taxable income ceiling.Sources: Social Security Administration
· Benefits › Total benefits paid, by year
1937
1937
Year
1937
Beneficiaries
53,236
Dollars
$1,278,000
1938
1938
Year
1938
Beneficiaries
213,670
Dollars
$10,478,000
1939
1939
Year
1939
Beneficiaries
174,839
Dollars
$13,896,000
1940
1940
Year
1940
Beneficiaries
222,488
Dollars
$35,000,000
1950
1950
Year
1950
Beneficiaries
3,477,243
Dollars
$961,000,000
1960
1960
Year
1960
Beneficiaries
14,844,589
Dollars
$11,245,000,000
1970
1970
Year
1970
Beneficiaries
26,228,629
Dollars
$31,863,000,000
1980
1980
Year
1980
Beneficiaries
35,584,955
Dollars
$120,511,000,000
1990
1990
Year
1990
Beneficiaries
39,832,125
Dollars
$247,796,000,000
1995
1995
Year
1995
Beneficiaries
43,387,259
Dollars
$332,553,000,000
1996
1996
Year
1996
Beneficiaries
43,736,836
Dollars
$347,088,000,000
1997
1997
Year
1997
Beneficiaries
43,971,086
Dollars
$361,970,000,000
1998
1998
Year
1998
Beneficiaries
44,245,731
Dollars
$374,990,000,000
1999
1999
Year
1999
Beneficiaries
44,595,624
Dollars
$385,768,000,000
2000
2000
Year
2000
Beneficiaries
45,414,794
Dollars
$407,644,000,000
2001
2001
Year
2001
Beneficiaries
45,877,506
Dollars
$431,949,000,000
2002
2002
Year
2002
Beneficiaries
46,444,317
Dollars
$453,746,000,000
2003
2003
Year
2003
Beneficiaries
47,038,486
Dollars
$470,778,000,000
2004
2004
Year
2004
Beneficiaries
47,687,693
Dollars
$493,263,000,000
2005
2005
Year
2005
Beneficiaries
48,434,436
Dollars
$520,748,000,000
2006
2006
Year
2006
Beneficiaries
49,122,624
Dollars
$546,238,000,000
2007
2007
Year
2007
Beneficiaries
49,864,838
Dollars
$584,939,000,000
2008
2008
Year
2008
Beneficiaries
50,898,244
Dollars
$615,344,000,000
2009
2009
Year
2009
Beneficiaries
52,522,819
Dollars
$675,482,000,000
2010
2010
Year
2010
Beneficiaries
54,031,968
Dollars
$701,609,000,000
2011
2011
Year
2011
Beneficiaries
55,404,480
Dollars
$725,103,000,000
2012
2012
Year
2012
Beneficiaries
56,758,185
Dollars
$774,791,000,000
2013
2013
Year
2013
Beneficiaries
57,978,610
Dollars
$812,259,000,000
2014
2014
Year
2014
Beneficiaries
59,007,158
Dollars
$848,463,000,000
2015
2015
Year
2015
Beneficiaries
60,907,307
Dollars
$886,278,000,000
2016
2016
Year
2016
Beneficiaries
60,907,307
Dollars
$911,384,000,000
2017
2017
Year
2017
Beneficiaries
61,903,360
Dollars
$941,499,000,000
2018
2018
Year
2018
Beneficiaries
62,906,222
Dollars
$988,635,000,000
2019
2019
Year
2019
Beneficiaries
64,064,496
Dollars
$1,047,930,000,000
Year
Beneficiaries
Dollars
1937
53,236
$1,278,000
1938
213,670
$10,478,000
1939
174,839
$13,896,000
1940
222,488
$35,000,000
1950
3,477,243
$961,000,000
1960
14,844,589
$11,245,000,000
1970
26,228,629
$31,863,000,000
1980
35,584,955
$120,511,000,000
1990
39,832,125
$247,796,000,000
1995
43,387,259
$332,553,000,000
1996
43,736,836
$347,088,000,000
1997
43,971,086
$361,970,000,000
1998
44,245,731
$374,990,000,000
1999
44,595,624
$385,768,000,000
2000
45,414,794
$407,644,000,000
2001
45,877,506
$431,949,000,000
2002
46,444,317
$453,746,000,000
2003
47,038,486
$470,778,000,000
2004
47,687,693
$493,263,000,000
2005
48,434,436
$520,748,000,000
2006
49,122,624
$546,238,000,000
2007
49,864,838
$584,939,000,000
2008
50,898,244
$615,344,000,000
2009
52,522,819
$675,482,000,000
2010
54,031,968
$701,609,000,000
2011
55,404,480
$725,103,000,000
2012
56,758,185
$774,791,000,000
2013
57,978,610
$812,259,000,000
2014
59,007,158
$848,463,000,000
2015
60,907,307
$886,278,000,000
2016
60,907,307
$911,384,000,000
2017
61,903,360
$941,499,000,000
2018
62,906,222
$988,635,000,000
2019
64,064,496
$1,047,930,000,000
· Benefits › Primary Insurance Amount and Monthly Benefit Amount calculations
AIME Salaryper month
AIME Salaryper month
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
AIME Salaryper month
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
SingleBenefits
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
MarriedBenefits*
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
SingleBenefitsat age 62
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
MarriedBenefits*at age 62
$ 791
$ 791
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 791
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
90%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
135%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
68%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
101%
$ 1,000
$ 1,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 1,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
78%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
117%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
58%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
88%
$ 2,000
$ 2,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 2,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
55%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
82%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
41%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
62%
$ 3,000
$ 3,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 3,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
47%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
71%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
35%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
53%
$ 4,000
$ 4,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 4,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
43%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
65%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
33%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
49%
$ 5,000
$ 5,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 5,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
40%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
60%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
30%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
45%
$ 6,000
$ 6,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 6,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
36%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
54%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
27%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
41%
$ 7,000
$ 7,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 7,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
33%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
50%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
25%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
32%
$ 8,000
$ 8,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 8,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
31%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
46%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
23%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
35%
$ 9,000
$ 9,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$ 9,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
29%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
44%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
22%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
33%
$10,000
$10,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$10,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
28%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
42%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
21%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
31%
$11,000
$11,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$11,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
23%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
34%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
17%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
26%
$12,000
$12,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$12,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
21%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
32%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
16%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
24%
$13,000
$13,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
$13,000
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
19%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
29%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
15%
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
22%
Married spousal benefits may be reduced or eliminated if spouse receiving a government pension. Spousestill eligible for Medicare.Maximum percent of salary received before Medicare or tax deductions. Retirement benefits are calculated atfull retirement ages. Age 62 retirement benefits are assumed to be 75% of full benefits. Approximate AIMEsalary = 90% salary. Approximation only; contact Social Security for more detailed calculations.
Married spousal benefits may be reduced or eliminated if spouse receiving a government pension. Spousestill eligible for Medicare.Maximum percent of salary received before Medicare or tax deductions. Retirement benefits are calculated atfull retirement ages. Age 62 retirement benefits are assumed to be 75% of full benefits. Approximate AIMEsalary = 90% salary. Approximation only; contact Social Security for more detailed calculations.
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
Married spousal benefits may be reduced or eliminated if spouse receiving a government pension. Spousestill eligible for Medicare.Maximum percent of salary received before Medicare or tax deductions. Retirement benefits are calculated atfull retirement ages. Age 62 retirement benefits are assumed to be 75% of full benefits. Approximate AIMEsalary = 90% salary. Approximation only; contact Social Security for more detailed calculations.
Benefit CalculationsSocial Security Benefits vs. 35-year "Averaged" SalaryPercent of Average Indexed Monthly Earnings (AIME) eligible for Social Security, PIA Benefits
AIME Salaryper month
SingleBenefits
MarriedBenefits*
SingleBenefitsat age 62
MarriedBenefits*at age 62
$ 791
90%
135%
68%
101%
$ 1,000
78%
117%
58%
88%
$ 2,000
55%
82%
41%
62%
$ 3,000
47%
71%
35%
53%
$ 4,000
43%
65%
33%
49%
$ 5,000
40%
60%
30%
45%
$ 6,000
36%
54%
27%
41%
$ 7,000
33%
50%
25%
32%
$ 8,000
31%
46%
23%
35%
$ 9,000
29%
44%
22%
33%
$10,000
28%
42%
21%
31%
$11,000
23%
34%
17%
26%
$12,000
21%
32%
16%
24%
$13,000
19%
29%
15%
22%
Married spousal benefits may be reduced or eliminated if spouse receiving a government pension. Spousestill eligible for Medicare.Maximum percent of salary received before Medicare or tax deductions. Retirement benefits are calculated atfull retirement ages. Age 62 retirement benefits are assumed to be 75% of full benefits. Approximate AIMEsalary = 90% salary. Approximation only; contact Social Security for more detailed calculations.
· Benefits › Full retirement age (FRA)
1937 & prior
1937 & prior
Year of birth
1937 & prior
Full retirement age
65
1938
1938
Year of birth
1938
Full retirement age
65 and 2 months
1939
1939
Year of birth
1939
Full retirement age
65 and 4 months
1940
1940
Year of birth
1940
Full retirement age
65 and 6 months
1941
1941
Year of birth
1941
Full retirement age
65 and 8 months
1942
1942
Year of birth
1942
Full retirement age
65 and 10 months
1943–1954
1943–1954
Year of birth
1943–1954
Full retirement age
66
1955
1955
Year of birth
1955
Full retirement age
66 and 2 months
1956
1956
Year of birth
1956
Full retirement age
66 and 4 months
1957
1957
Year of birth
1957
Full retirement age
66 and 6 months
1958
1958
Year of birth
1958
Full retirement age
66 and 8 months
1959
1959
Year of birth
1959
Full retirement age
66 and 10 months
1960 & later
1960 & later
Year of birth
1960 & later
Full retirement age
67
Year of birth
Full retirement age
1937 & prior
65
1938
65 and 2 months
1939
65 and 4 months
1940
65 and 6 months
1941
65 and 8 months
1942
65 and 10 months
1943–1954
66
1955
66 and 2 months
1956
66 and 4 months
1957
66 and 6 months
1958
66 and 8 months
1959
66 and 10 months
1960 & later
67
· Benefits › Full retirement age (FRA)
62
62
Age when filing
62
Change in benefits from full amount
-30%
63
63
Age when filing
63
Change in benefits from full amount
-25%
64
64
Age when filing
64
Change in benefits from full amount
-20%
65
65
Age when filing
65
Change in benefits from full amount
-13.3%
66
66
Age when filing
66
Change in benefits from full amount
-6.7
67
67
Age when filing
67
Change in benefits from full amount
----
68
68
Age when filing
68
Change in benefits from full amount
+8%
69
69
Age when filing
69
Change in benefits from full amount
+16%
70
70
Age when filing
70
Change in benefits from full amount
+24%
Based on a full retirement age of 67
Based on a full retirement age of 67
Age when filing
Based on a full retirement age of 67
Age when filing
Change in benefits from full amount
62
-30%
63
-25%
64
-20%
65
-13.3%
66
-6.7
67
----
68
+8%
69
+16%
70
+24%
Based on a full retirement age of 67
· Benefits › Delayed benefits
Yearof birth
Yearof birth
Delayed Social Security Increasesfor retiring after full retirement age
Yearof birth
Delayed Social Security Increasesfor retiring after full retirement age
Yearly% increase
Delayed Social Security Increasesfor retiring after full retirement age
Monthly% increase
1933–1934
1933–1934
Delayed Social Security Increasesfor retiring after full retirement age
1933–1934
Delayed Social Security Increasesfor retiring after full retirement age
5.5%
Delayed Social Security Increasesfor retiring after full retirement age
11/24 of 1%
1935–1936
1935–1936
Delayed Social Security Increasesfor retiring after full retirement age
1935–1936
Delayed Social Security Increasesfor retiring after full retirement age
6.0%
Delayed Social Security Increasesfor retiring after full retirement age
1/2 of 1%
1937–1938
1937–1938
Delayed Social Security Increasesfor retiring after full retirement age
1937–1938
Delayed Social Security Increasesfor retiring after full retirement age
6.5%
Delayed Social Security Increasesfor retiring after full retirement age
13/24 of 1%
1939–1940
1939–1940
Delayed Social Security Increasesfor retiring after full retirement age
1939–1940
Delayed Social Security Increasesfor retiring after full retirement age
7.0%
Delayed Social Security Increasesfor retiring after full retirement age
7/12 of 1%
1941–1942
1941–1942
Delayed Social Security Increasesfor retiring after full retirement age
1941–1942
Delayed Social Security Increasesfor retiring after full retirement age
7.5%
Delayed Social Security Increasesfor retiring after full retirement age
5/8 of 1%
1943+
1943+
Delayed Social Security Increasesfor retiring after full retirement age
1943+
Delayed Social Security Increasesfor retiring after full retirement age
8.0%
Delayed Social Security Increasesfor retiring after full retirement age
2/3 of 1%
Delayed Social Security Increasesfor retiring after full retirement age
Yearof birth
Yearly% increase
Monthly% increase
1933–1934
5.5%
11/24 of 1%
1935–1936
6.0%
1/2 of 1%
1937–1938
6.5%
13/24 of 1%
1939–1940
7.0%
7/12 of 1%
1941–1942
7.5%
5/8 of 1%
1943+
8.0%
2/3 of 1%

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