take last year cap,$117000.00

来源: 于 2016-03-24 22:23:34 [旧帖] [给我悄悄话] 本文已被阅读：次

Monthly tax is (117000/12)*0.064=624, plus employer contribution $624. Total $1248. 

For those Max out payers, assume they get Max payout of $2600. Social security would be in red if  they live 17 years after retire. People live much longer now  that is the problem.