2% doesn't sound like much, but I compared DH's paychecks from last year and this year and it is nearly $100 per paycheck, so around $2600 per year... :faint:
Has SS tax increase affected you?
- Thread starter atm123
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. Really sucks!
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hsmomof6
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I noticed it on the first check. It was about $11 less than I had thought it would have been without the increase. Dh did work fewer hours than usual that week, but for us $11-$15 a week take home will be missed.
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mickey134870
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Yes it has. It didn't take long to get use to the temporary reduction (4.2 %). Back to the normal rate of 6.2 % now. It was nice while it lasted!
The max it can go up is $2,425.20...I'm sure the $2,425.20 won't hurt you that much making $130,000 a year...you're lucky you're not in Illinois--they raised the rates 2% three years ago so we never really got a perceived benefit from the temporary FICA tax reduction...it's a swift kick to the crotch this year though...**** Illinois.
DH doesn't make that much and $2,425 is still a big chunk of change. That covers our property taxes for the year. The increase means less in savings or less towards home improvements.
You really need to quit ****ing to a bunch of Illinoisans--$2,425 doesn't even cover most people's first installment of property taxes in Chicagoland...AND we pay sales tax pre-coupon...**** Illinois...
Ah, so that's why my paycheque wasn't what I expected.
I thought it was just the different health plan that did it.
Now I have to go and compare my last two pay stubs to find out where the $$ is going.
I thought it was just the different health plan that did it.
Now I have to go and compare my last two pay stubs to find out where the $$ is going.
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hsmomof6
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OK-now I'm lost. I know some of your dh's make a lot, but everyone's seems to have gone up way more than ours (granted ours is weekly). Is it also because we must claim more dependents?
roots are too deep, but I'd be happy to--I know the best Walgreens in the area (in Manchester).
next obvious choice: Newnan, GA.
http://www.couponerswanted.com/showpost.php?p=832211&postcount=89
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We raised our dependent and health care, plus this so not sure which was which, but I was proud of myself for guesstimating the exact amount of DHs new check amount.
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You need to check with HR then because $2,600 would mean about $130,000
No since its to "pay" for social security number of dependents does not change it. It's a flat 6.2% up to the limit about 121,000 a year though those who make at the top end get screwed since they get little credit in their benefit amount down the road for all the extra taxes they pay.
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mickey134870
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It's a 2 percent increase across the board. Some seem to be adding health insurance and FSA. Totally different things.
