Private Client Services Resources.

Social Security Table

VII. Social Security Taxes
	Max. Taxable Wage Base	Employee	Employer	Self-Employed
Hospital Insurance	N/A	1.45%	1.45%	2.90%
2012 Old Age, Survivor & Disability	$110,100	4.20%	6.20%	10.40%

Self-employed individuals are entitled to deduct one-half of the total amounts of social security taxes

The information presented here is not intended to be a comprehensive analysis. Chernoff Diamond is a benefits advisory firm and does not provide tax or legal advice. Individuals or Employers should consult with qualified legal and/or tax counsel for guidance in respect of matters of law, tax, and related regulation.