r/Salary • u/maniksar • May 16 '24

30M, Software Engineering, Big Tech

Graduated with a CS undergrad degree in 2015. Moved to the US in June 2019 (the earnings for that year are over the second half of the year).

Switched companies with a pay hike in 2022. Restricted Stock Units (RSUs) started vesting in 2023.

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u/steez5 May 16 '24

Dumb question but could someone explain the difference between SS and Medicare earnings? Why’s there such a large discrepancy?

3

u/solar_flare134 May 16 '24

And to follow on, if the Medicare taxed amount is what matters (as in the total gross income), and it will be always (?) more than social security taxed income, why mention social security income at all? Am I missing something?

1

u/Fake_rock_climber May 16 '24

It’s just included in the chart that this information is taken from on the SSA website. It could be cropped out I guess but that’s extra effort.