Social Security
For 2007, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 3.3% cost of living increase in their monthly benefits.
The wage base for calculating the Social Security portion of the annual payroll tax obligation will be $97,500 in 2007 (up from $94,200 from 2006).
The wage base for calculating the Social Security portion of the annual payroll tax obligation will be $97,500 in 2007 (up from $94,200 from 2006).
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