Social Security and Medicare Benefits and Taxes: 2023

S O C I A L S E C U R I T Y A N D M E D I C A R E L I F E T I M E B E N E F I T S A N D T A X E S : 2 0 2 3 5 TABLE 2 Expected Present Value of Lifetime Social Security and Medicare Benefits and Taxes Single male with average earnings ($66,100 in 2023 dollars) Lifetime Benefits Lifetime Taxes First-year Medicare Year cohort Social Security Social (net of Social turns age 65 benefit Security premiu. [...] 6 S O C I A L S E C U R I T Y A N D M E D I C A R E L I F E T I M E B E N E F I T S A N D T A X E S : 2 0 2 3 TABLE 3 Expected Present Value of Lifetime Social Security and Medicare Benefits and Taxes Single male with high earnings ($105,800 in 2023 dollars) Lifetime Benefits Lifetime Taxes First-year Medicare Year cohort Social Security Social (net of Social turns age 65 benefit Security premiums. [...] S O C I A L S E C U R I T Y A N D M E D I C A R E L I F E T I M E B E N E F I T S A N D T A X E S : 2 0 2 3 9 TABLE 6 Expected Present Value of Lifetime Social Security and Medicare Benefits and Taxes Single female with average earnings ($66,100 in 2023 dollars) Lifetime Benefits Lifetime Taxes First-year Social Medicare Year cohort Security Social (net of Social turns age 65 benefit Security prem. [...] S O C I A L S E C U R I T Y A N D M E D I C A R E L I F E T I M E B E N E F I T S A N D T A X E S : 2 0 2 3 1 7 TABLE 14 Expected Present Value of Lifetime Social Security and Medicare Benefits and Taxes Married couple with one average earner and one low earner ($95,800 in 2023 dollars) Lifetime Benefits Lifetime Taxes First-year Social Medicare Year cohort Security Social (net of Social turns age. [...] S O C I A L S E C U R I T Y A N D M E D I C A R E L I F E T I M E B E N E F I T S A N D T A X E S : 2 0 2 3 1 9 TABLE 16 Expected Present Value of Lifetime Social Security and Medicare Benefits and Taxes Married couple with one high earner and one average earner ($171,900 in 2023 dollars) Lifetime Benefits Lifetime Taxes First-year Social Medicare Year cohort Security Social (net of Social turns a.