How much will social security take out of your check for medicare?

The specific amount withheld should be shown on your payment stub or direct deposit receipt, and is labeled FICA.

A total of 7.65% of your pre-tax income (6.2% for Social Security and 1.45% for Medicare Hospital benefits) is withheld from each paycheck until you reach the current earnings cap of $106,800. There is no earnings cap for the 1.45% Medicare Hospitalization contribution, so that continues to be withheld regardless of your income.

Your employer pays a matching amount from company funds, bringing the total contribution on your behalf to 15.3% of the first $106,800 of salary.

If you earn less than the maximum, you can easily calculate your total annual contribution by multilplying your base salary x .0765.

For example:

A person who earns $35,000 in 2010 will contribute $2,677.50 toward future retirement benefits, and his or her company would match that contribution for a total of $5,355.