Accomplished_Ant7702
Accomplished_Ant7702 t1_j2b9mn2 wrote
Reply to comment by Wilt_The_Stilt_ in Weekend Help and Victory Thread for the week of December 30, 2022 by IndexBot
There is a federal cap on the social security - you exceeded $147K in income a few paychecks ago by my calculations if you are paid biweekly and were paying $400/pay. Anything above that would not have SS taken out. It will start up again on your first 2023 paycheck. The 2023 limit will be $160,200 by the way.
Accomplished_Ant7702 t1_j2bc6ir wrote
Reply to New job, substantial pay increase by spongerd82
Pay attention to the cutoffs and phaseouts on retirement savings, etc. I'd absolutely get debt free too. Having a paid-off house is a fantastic feeling.