How much do you have to pay into social security to get it back when you retire?

Judy

You must have 40 "quarters" of coverage during your working life to qualify on your own record. The definition of a quarter has changed over the years but is basically 10 years of working and paying into ss a certain base amount which changes. There are exceptions. Someone can collect based on their spouse's, or in some cases ex-spouse's record. Someone disabled may qualify with fewer "quarters" depending on their age when they were disabled.

Anonymous

Statistically, most people do get back more than they put in--provided they live long enough.

RICK

You pay in by working If you work a regular job you pay 6.2% of your pay for SS and 1.45% for Medicare and your employer matches it I'd self employed you pay both yours and the employer share You must have a minimum of 40 credits (used to be called quarters but they stopped that at least a dozen years ago) to collect anything Your benefits are based on your highest 35 years earnings, if you work less then 35 years you get credited zero. Say you work 20 years, SSA would add all those together then divide by 35 to get your yearly average earnings to figure your monthly SS benefit. If you work the minimum of 40 credits your monthly benefit will be low. Example my wife worked part time for 25 years, at age 63 her monthly benefit was $321 a month

STEVEN F

You CAN'T pay into social security. You have to pay Social Security TAXES for at least 40 quarters, aka 10 years, to be eligible to draw social security.

Anonymous

I think it's about 15% of what you make over the course of your life.

mokrie

No set amount but you will get only what you put in. If you put in 5 bucks a month that's all you'll get to live on when your old. just 5 bucks a month. The more in the more out.

Tomatoes

The first thing you'll want to do to see a social security check is to never elect a Republican to any position of power within the federal government.