Official 1st week of January paystub check-in: What was the damage?
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re: Official 1st week of January paystub check-in: What was the damage?
Posted by JonTheTigerFan on 1/8 at 12:48 pm to TulaneUVA
quote:

My SS tax went up $115 PER PAYCHECK. Witholding tax went up $110 PER PAYCHECK.


Haven't looked at mine yet but I think our insurance went up some too.



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Posted by TJG210 on 1/8 at 1:22 pm to JonTheTigerFan
Whoa.......I thought this was the Taxpayer Relief Act? Where in the frick is the relief if we are getting socked with lower paychecks?


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Posted by ZereauxSum on 1/8 at 1:56 pm to TulaneUVA
We'll have a little more take home. We cut our flex spending by a third (jacked it up last year because we were expecting). So I should have an extra 100-200.

I'll also be getting a small raise, probably around 2% in March.



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Posted by JonTheTigerFan on 1/8 at 2:36 pm to ZereauxSum
Just looked and mine took a pretty big hit because I maxed out Social Security last year and wasn't paying toward the end of the year. This check, I paid in around $300 to Social Security whereas my last check of 2012, I didn't pay any.


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Posted by TulaneUVA on 1/8 at 3:15 pm to JonTheTigerFan
The SS is hitting me pretty good. Pretty much $2700 extra from last year.

Medical insurance isn't that much more. About $4 extra...



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Posted by C on 1/28 at 8:19 am to C
quote:

I could probably figure it out but my pay stub isn't coming till the end of the month. I'll bump this thread then and let you know the difference line by line


As promised. Figures are in % of monthly pay:
Pay 2013 2012
Withholding 11.9% 12.2%
SS 5.99% 4.07%
MedIns 3.15% 2.94%



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Posted by VABuckeye on 1/28 at 9:43 am to TigerintheNO
quote:

I believe the SS tax is on gross income, and is capped at 110K.


$113,700 this year.

Mine went down by 6.2%. 2% plus I'm now at zero for the year so I'm back paying the other 4.2%. Hopefully I'll hit the cap early this year.



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Posted by Tiger n Miami AU83 on 1/28 at 10:15 am to SLafourche07
quote:

Mine went down the 2% for payroll tax and the company's insurance premiums went up $10/month.


This. no big deal. I got the extra 2% all last year and it is gone now as expected.

Tiny bump in insurance premiums that is irrelevant.



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Posted by dagrippa on 1/28 at 1:38 pm to TulaneUVA
hope and change


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