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Reply #222: Back in 82, the maximum salary that paid into Social Security ... [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

aggiesal

(1000+ posts) Send PM | Profile | Ignore

Sat Jan-10-09 11:46 AM
Response to Reply #209

222. Back in 82, the maximum salary that paid into Social Security ...

was $55,000. After $55K you paid $0.

How did they fix it? They raised the maximum salary slowly.
They've been doing it ever since.
Now the maximum salary is I think $102K

So those making over $102K only pay upto $102K, then after
$102K pay nothing.

They'll probably continue to increase it until about $200K to $250K.

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