SPDR S&P 500 (SPY)

[learningboutinv]

OT - Wow I did not know they rose it significantly this year. Crap... At least it's only 12.4% if you are Self-employed. Thinking of taking a 1099 contracting gig. I think SS Tax for 1099 use to be 15.5% at one point. (Although I do not think I will see any of it in when I retire.)

For the year 2008, the Social Security Wage Base is $102,000. Since 2000, the SSWB has been:

Year Wage Base
2008 $102,000
2007 $97,500
2006 $94,200
2005 $90,000
2004 $87,900
2003 $87,000
2002 $84,900
2001 $80,400
2000 $76,200