2019 Tier I Earnings Base and Tax Rates
Annual Maximum - $132,900.00
Employee and Employer Tax Rate - 6.2%
Maximum Payable by an Employee and Employer - $8,239.80
2019 Tier II Earnings Base and Tax Rates
Annual Maximum - $98,700.00
Employee Tax Rate - 4.9%
Maximum Payable by an Employee - $4,836.30
Employer Tax Rate - 13.1%
Maximum Payable by an Employer - $12,929.70
2019 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 $132,900.00
Maximum Payable by an Employee - $15,003.15
Maximum Payable by an Employer - $23,096.55
(Additional Taxes are 0.9% of Earnings Above $200,000.00 - Filing Individually)
Amount Needed for Quarter of Social Security Coverage
For 2019 - $1,360.00 (Earn up to 4 Quarters per Year)
2019 Employer RUIA Tax Rate
2.15 - 12.0% on First $1,605.00 per month
Employee RUIA 2018 Qualifying Earnings
For Benefit Year 2019 (Beginning July 1, 2019) - $4,012.50
RUIA Daily Benefit Rate
For Benefit Year 2019 (Beginning July 1, 2019) - $78.00
Basic Medicare Premium
Part B Beginning in 2019 - $135.50
Cost-of-Living Increase - December 2019
Tier I - 2.8%
Tier II - 0.9%
WORK DEDUCTION EXEMPT AMOUNTS*
Retirement and Survivor Work Deductions Limitations
Annuitants Attaining Full Retirement Age (FRA)
(For Months Prior to FRA in Calendar Year)
Monthly - $3,910.00
Annually - $46,920.00
($1.00 Deduction For Each $3.00 of Excess Earnings)
Annuitants Under FRA
(If Under the FRA for the Entire Calendar Year)
Monthly - $1,470.00
Annually - $17,640.00
($1.00 Deduction For Each $2.00 of Excess Earnings)
Disability Earnings Limitations Amounts
Monthly - $950.00
Annually - $11,875.00
*All Earnings Must be Reported by Calling 1-877-772-5772.
Failure to Report Could Lead to Penalties.