Posted byMessage
JonTheTigerFan
LSU Fan
Central, LA
Member since Nov 2003
4579 posts

re: Official 1st week of January paystub check-in: What was the damage?


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.






Back to top
TJG210
LSU Fan
New Orleans
Member since Aug 2006
21047 posts

re: Official 1st week of January paystub check-in: What was the damage?


Whoa.......I thought this was the Taxpayer Relief Act? Where in the frick is the relief if we are getting socked with lower paychecks?





Back to top
ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
7206 posts

re: Official 1st week of January paystub check-in: What was the damage?


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.






Back to top
JonTheTigerFan
LSU Fan
Central, LA
Member since Nov 2003
4579 posts

re: Official 1st week of January paystub check-in: What was the damage?


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.





Back to top
TulaneUVA
Virginia Fan
Member since Jun 2005
20058 posts

re: Official 1st week of January paystub check-in: What was the damage?


The SS is hitting me pretty good. Pretty much $2700 extra from last year.

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






Back to top
C
LSU Fan
The Woodlands, TX
Member since Dec 2007
20365 posts
 Online 

re: Official 1st week of January paystub check-in: What was the damage?


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%






Back to top
VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
9903 posts

re: Official 1st week of January paystub check-in: What was the damage?


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.






Back to top
Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
31807 posts

re: Official 1st week of January paystub check-in: What was the damage?


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.






Back to top
dagrippa
LSU Fan
Saigon
Member since Nov 2004
1445 posts

re: Official 1st week of January paystub check-in: What was the damage?


hope and change





Back to top



Back to top