For 2005, the employer and employee will continue to pay:

• 6.2% each for social security tax (old-age, survivors, and disability insurance), and


• 1.45% each for Medicare tax (hospital insurance).

Wage limits. For social security tax, the maximum amount of 2005 wages subject to the tax is $90,000. For Medicare tax, all covered 2005 wages are subject to the tax.