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Next Year's Maximum Income Subject To Social Security Tax: $97,500 |
| Published: October 20, 2006, 11:20 am |
| Tags: retirement |
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Social Security Administration announced that starting from 2007, social security and supplement security income benefits will increase by 3.3% next year. At the same time, for those of you who are paying to the social security pool, up to $97,500 of your 2007 income is subject to the 6.2% social security tax (compared to $94,200 in 2006). SSA estimates that ... Read more news like this from PFBlog.com, The Best Personal Finance Weblog. [ Full article ] |
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