Switching jobs in the middle of the year, how does your ss medicare max work if you hit the limit

[Anonymous]

If you switch jobs in the middle of the year what happens to the cap at 118k

Do you just get a refund at the end of the year or will the new employer track the amount from the old employer and stop paying it at 118k for both jobs.

[Anonymous]

You get refund when you file.

[Anonymous]

Must be nice to have this to worry about.

[Anonymous]

Anonymous wrote:Must be nice to have this to worry about.

I guess. Kinda used to it, though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Must be nice to have this to worry about.

I guess. Kinda used to it, though.

Strange use of an emoticon.

[Anonymous]

Yes, you'll get it back at the end of the year. Each employer will only keep track of your wages at that job. And Medicare does not have a limit, only Social Security.