SS Maximum contribution

[Pilot2013]

Quote:

Originally Posted by CardsFan And if we could revamp the entire system overnight, the concept has merit. In the meantime, the system we have is what we deal with.

This is what I was thinking about with my original thought. Changing the whole system is HIGHLY UNLIKELY in todays environment. I have been over the cap for a while, and although far from the left view of things, have no problem in a short term solution of raising the cap in order to avoid reducing my future benefits by ~30%. As far as raising the benefit because of raising the cap, that's counter to the whole reason of raising the cap, unless the increase is 25% of the total gain, and then you just have to increase the cap that much more...

[Secondact]

I hit the cap every September it seems and probably for the past 15 years. My wife, an ER'd RN, never came close even with overtime.

[Dog]

I hit maximum 15 years out of 41 years that I paid into SS. It was pretty much from 1991 to 2004 when I was in sales and sales management positions. I typically saved the extra $ just like I saved most of my sales comp. checks. Helped with the ER in 2014

[tdv2]

23 out of 30. Close on 4 the off years.

[kaudrey]

I hit it every year, for about the last 12 years or so.