2009 Tier I Earnings Base and Tax Rate
|
Annual Maximum
|
$106,800.00 |
|
Employee and Employer Tax Rate |
6.20% |
|
Maximum Employee and Employer Tax |
$ 6,621.60 |
2009 Tier II Earnings Base and Tax Rates
|
Annual Maximum
|
$79,200.00 |
|
Employee Tax Rate |
3.90% |
|
Maximum Employee Tax |
$3,088.80 |
|
Employer Tax Rate |
12.10% |
|
Maximum Employer Tax |
$9,583.20 |
2009 Medicare Hospital Insurance Earnings
Base and Tax Rate
|
Annual Maximum
|
No Limit |
|
Employee and Employer Tax Rate |
1.45% |
Total Tier I, Tier II, & Medicare
Hospital Insurance Maximum Tax Based on Earnings of $106,800.00
|
Employees |
$11,259.00 |
|
Employers |
$17,753.40 |
|
(Additional Taxes are 1.45% of Earnings in Excess of $106,800.00) |
|
Amount Needed for Quarter of Social
Security Coverage |
$1090.00 in 2009
(Up to 4) |
|
2009
Employer RUIA Tax Rate |
2.15% - 12%
On First $1,330.00 Per Month |
|
Employee RUIA 2008 Qualifying Earnings |
$3,200.00 For Benefit Year 2009
(Beginning July 1, 2009) |
|
RUIA Daily Benefit Rate |
$64.00 For Benefit Year 2009
(Beginning July 1, 2009) |
Work Deduction Exempt Amounts
|
Annual |
$37,680.00 |
|
Monthly |
$3,140.00
|
($1.00 Deduction for Each
$3.00 of
Excess Earnings) |
|
|
|
Annual |
$14,160.00 |
|
Monthly |
$1,180.00 |
($1.00 Deduction for Each
$2.00 of
Excess Earnings) |
|
|
Basic Medicare Premium |
$96.40 |
Cost-Of-Living Increase, December 2008
|
.
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