You can estimate your refund with our free tax calculator. » Learn more: Social Security payment schedule: When do I get my check? How much does Social Security pay? In 2023, the average benefit for retired workers was $1,842.87 a...
. Together, the employee and employer contributions equal 12.4% of the worker’s pay.Self-employed workerspay the fully combined 12.4% Social Security OASDI payroll tax themselves [7] . In 2024 the first $168,600 of ear...
. Together, the employee and employer contributions equal 12.4% of the worker’s pay.Self-employed workerspay the fully combined 12.4% Social Security OASDI payroll tax themselves [7] . In 2024 the first $168,600 of earnings is subject to Social Security tax. In 2025, this will rise to $...