Copyright© 2008 by School Services of California, Inc.

Volume 21                   For Publication Date: November 7, 2008             No. 23

By the Way . . .


Maximum Amount of Earnings Subject to Social Security Tax to Increase for 2009.
  Effective January 1, 2009, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $106,800 from $102,000. More information on other Social Security and Supplemental Security Income benefit changes for 2009 can be found at http://www.ssa.gov/pressoffice/pr/2009cola-pr.htm.