Sudden change in Social Security deduction?

[Anonymous]

My Social Security deduction went from $700 to $100 per pay period this month. Does this have something to do with exceeding the social security wage base? I received a raise earlier this year from $120,000 to $139,000. I will call HR, but it seems weird for something so automated to change. TIA

[Anonymous]

You maxed out for the year

[Anonymous]

Congrats - as the PP stated, you maxed out for the year. Even better - next pay period and for the rest of the calendar year it will be $0.

It is how I pay for Christmas every year

[Anonymous]

Just remember that it will magically go back to normal in January.

[Anonymous]

What's the max?

[Anonymous]

Anonymous wrote:Congrats - as the PP stated, you maxed out for the year. Even better - next pay period and for the rest of the calendar year it will be $0.

It is how I pay for Christmas every year

+1
I didn't realize how much we relied on it til I had to switch jobs in October last year. The new SocSec deduction didn't take my prior contributions into account. Got it back at tax time, but boy was I missing it come the end of December.

[Anonymous]

Anonymous wrote:What's the max?

$113,700