2012 Tier I Earnings Base and Tax Rates
$110,100.00 - Annual Maximum
4.2% - Employee Tax Rate
6.2% - Employer Tax Rate
$4,624.20 - Maximum Employee Tax
$6,826.20 - Maximum Employer Tax

2012 Tier II Earnings Base and Tax Rates
$81,900.00 - Annual Maximum
3.9% - Employee Tax Rate
$3,194.10 - Maximum Employee Tax
12.1% - Employer Tax Rate
$9,909.90 - Maximum Employer Tax

2012 Medicare Hospital Insurance Earnings Base and Tax Rate
Annual Maximum - No Limit
1.45% - Employee and Employer Tax Rate

2012 Total Tier I, Tier II, & Medicare Hospital Insurance Maximum Tax
Based on Earnings of $110,100.00
$9,414.75 - Employees
$18,332.55 - Employers
(Additional taxes are 1.45% of Earnings in Excess of $110,100.00)

 Amount Needed for Quarter of Social Security Coverage
$1,130.00 in 2012 (Up to 4)

2012 Employer RUIA Tax Rate
2.15% - 12% On First $1,365.00 Per Month

Employee RUIA 2011 Qualifying Earnings
$3,325.00 - For Benefit Year 2012 (Beginning July 1, 2012)

RUIA Daily Benefit Rate
$66.00 - For Benefit Year 2012 (Beginning July 1, 2012)

Work Deduction Exempt Amounts
Full Retirement Age (FRA)
(for months prior to FRA in calendar year):
$38,880.00 - Annual
$3,240.00 - Monthly
($1.00 Deduction for Each $3.00 of Excess Earnings)

Under FRA
$14,640.00 Annual
$1,220.00 - Monthly
($1.00 Deduction for Each $2.00 of Excess Earnings)

Basic Medicare Premium
$99.90 - Beneficiaries who paid a monthly premium of $96.40 in 2011 will have an increase of $3.50 in premiums to $99.90, the basic premium for 2012. Beneficiaries who paid $110.50 or $115.40 in 2011 will have premium decreases for 2012.

Cost-of-Living Increase December 2011
Tier I - 3.6%
Tier II - 1.2%