The tax rate sets the maximum amount of income earned less than the Social Security tax payable. The total tax payable for 2021 is $ 142,800 (and up to $ 147,000 by 2022).
For the average earner, this means that your monthly payment will increase to $ 1657, which is an increase of more than $ 100 compared to 2021. However, these increases may be ignored by inflation in the US. In the last quarter of public data, inflation rose 7 percent compared to the previous year. The 5.9 percent increase is small.
In addition to their weekly benefits, applicants receive weekly Federal Pandemic Unemployment Compensation (FPUC): $ 600 per week for benefit weeks ending 4/5/2020 to 7/26/2020 and $ 300 per week for benefit weeks ending 1/3/2021 to 9/5/2021.