Fact Sheet Social Security and Medicare Taxes and Benefits Over a Lifetime
C. Eugene Steuerle, Stephanie Rennane
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How much will you pay in Social Security and Medicare taxes over your lifetime? And how much can you expect to get back in benefits? It depends on whether you're married, when you retire, and how much youve earned over a lifetime. These tables provide estimates of the lifetime value of Social Security and Medicare benefits and taxes for typical workers in different generations at various earning levels.
Research Areas Aging and retirement Taxes and budgets
Tags Social Security Medicare and private health insurance Individual taxes Retirement policy