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Started By
Message
Social security 127,000?
Posted on 8/16/17 at 8:54 am
Posted on 8/16/17 at 8:54 am
Wtf? I thought I had it laid off at 124,000.... it was only 119,000 last year.... trump!
Posted on 8/16/17 at 8:56 am to Iluvtwizzler
wtf are you talking about?
Holy incomplete thought batman
Holy incomplete thought batman
Posted on 8/16/17 at 8:56 am to Iluvtwizzler
I have absolutely no clue wtf you're talking about
Posted on 8/16/17 at 8:57 am to Iluvtwizzler
You can keep your retirement and your so called social security.
Posted on 8/16/17 at 8:58 am to Giantkiller
He's talking about the point at which you don't have SS taken out of your paycheck. The amount of gross income required goes up every year. He just told you he makes $190k a year. His take home goes up 6% for the rest of the year after he hits the threshold.
This post was edited on 8/16/17 at 8:59 am
Posted on 8/16/17 at 8:59 am to VABuckeye
quote:
He's talking about the point at which you don't have SS taken out of your paycheck. The amount of gross income required goes up every year. He just told you he makes $190k a year.
Or he makes $30k a year in payroll and just figured this out on someone else's check.
Posted on 8/16/17 at 9:00 am to Iluvtwizzler
The first time that happened to me, i got excited it was no longer coming out. What i didn't know as a rookie six figure earner, was that was the reason (119,000) it was no longer coming out. So i unknowingly told everyone i made 119,000 so far that year without knowing it, until someone told me. Then i felt like a douche.
Posted on 8/16/17 at 9:07 am to Iluvtwizzler
I was looking at my stubs the other day wondering when the deduction would stop. I figured something had changed.
Posted on 8/16/17 at 9:12 am to Iluvtwizzler
It's social but it's not so secure
Posted on 8/16/17 at 9:14 am to Iluvtwizzler
It increases every year by about 5-6% I believe.
Posted on 8/16/17 at 9:15 am to Iluvtwizzler
quote:
trump!
For the record this happened on Obama's watch.
2017 Payroll Taxes Will Hit Higher Incomes
Posted on 8/16/17 at 9:20 am to Iluvtwizzler
quote:
Wtf? I thought I had it laid off at 124,000.... it was only 119,000 last year.... trump!
This information is easily available with a couple of clicks on the internet. Good financial planning would have you know this and not be surprised and make rambling posts like this. They are trying to keep SS solvent so get use to aggressive raising of the income limits far beyond inflation, CPI, or raises in SS benefits. Raising the income limits and raising the retirement age thresholds are two of the main tools they have to keep SS afloat.
Posted on 8/16/17 at 9:37 am to Iluvtwizzler
wow, took you till August to figure that out?
Posted on 8/17/17 at 6:12 am to Tigerpaw123
Seems like 2 years ago it was 117,000 then 119,000 then it disproportionately jumped to 127,000. That doesn't seem fair. I just assumed it was 120,000 this year. Middle class just gets screwed harder and harder every year. Will I riot? No.
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