Your Social Security Statement Template (Page 3 of 4) in pdf

Your Earnings Record

Your Taxed

Years You

Social Security

Medicare

Worked

Earnings

1982

550

1983

1,299

Did you know… Social Security is more

1984

2,254

than just a retirement program? It’s here

1985

3,704

to help you when you need it most.

1986

4,962

1987

6,282

You and your family may be eligible for valuable benefits:

1988

7,827

1989

10,041

When you die, your family may be eligible

1990

12,297

to receive survivors benefits.

1991

14,278

1992

16,399

Social Security may help you if you become

1993

17,772

disabled—even at a young age.

1994

19,346

1995

21,057

It is possible for a young person who has worked

1996

22,946

and paid Social Security taxes in as few as two

1997

25,031

years to become eligible for disability benefits.

1998

26,991

1999

29,072

Social Security credits you earn move with you

2000

31,251

from job to job throughout your career.

2001

32,542

2002

33,380

2003

34,720

2004

36,756

2005

38,626

2006

Not yet recorded

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:

Estimated taxes paid for Medicare:

You paid:

$27,730

You paid:

$6,506

Your employers paid:

$27,730

Your employers paid:

$6,506

Note: You currently pay 6.2 percent of your salary, up to $97,500, 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.

Help Us Keep Your Earnings Record Accurate

were processing last year’s earnings reports when your

You, your employer and Social Security share responsibility

for the accuracy of your earnings record. Since you

Statement was prepared. Your complete earnings for

began working, we recorded your reported earnings

last year will be shown on next year’s Statement. Note:

under your name and Social Security number. We have

If you worked for more than one employer during any

year, or if you had both earnings and self-employment

updated your record each time your employer (or you,

if you’re self-employed) reported your earnings.

income, we combined your earnings for the year.

Remember, it’s your earnings, not the amount of

There’s a limit on the amount of earnings on which you

taxes you paid or the number of credits you’ve earned,

pay Social Security taxes each year. The limit increases

that determine your benefit amount. When we figure

yearly. Earnings above the limit will not appear on your

that amount, we base it on your average earnings over

earnings chart as Social Security earnings. (For Medicare

your lifetime. If our records are wrong, you may not

taxes, the maximum earnings amount began rising in 1991.

receive all the benefits to which you’re entitled.

Since 1994, all of your earnings are taxed for Medicare.)

Review this chart carefully using your own records to make

Call us right away at 1-800-772-1213 (7 a.m.–7 p.m. your

sure our information is correct and that we’ve recorded each

local time) if any earnings for years before last year are

year you worked. You’re the only person who can look at the

shown incorrectly. If possible, have your W-2 or tax return

earnings chart and know whether it is complete and correct.

for those years available. (If you live outside the U.S., follow

Some or all of your earnings from last year may not

the directions at the bottom of page 4.)

be shown on your Statement. It could be that we still

Your Social Security Statement Template Page 3

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