The palm has five bones known as metacarpal bones, one to each of the 5 digits. Human hands contain fourteen digital bones, also called phalanges, or phalanx bones: two in the thumb (the thumb has no middle phalanx) and three in each of the four fingers.
The Social Security Administration has announced the 2017 Social Security benefit amounts, and the maximum withholding change for 2017. The maximum taxable earnings for Social Security withholding for 2017 are $127,200. This maximum is up from $118,500 for 2016 and 2015. Medicare withholding has no maximum. The maximum withholding amount is adjusted each year by a formula based on cost of living increases.
Tax Rate. The usual rate for Social Security tax is 6.2 percent of your gross wages, including tips, bonuses and other compensation. This means your employer withholds 6.2 percent of your gross pay before withholding allowances are subtracted. For example, if your gross pay is $500, you pay $31 in Social Security tax.In 2011 and 2012, Congress temporarily lowered the Social Security tax rate for employees to 4.2 percent. You had to pay Social Security tax on the first $110,100 of gross income as of 2012.The income limit is adjusted annually, so check with the Internal Revenue Service for the current figure.n 2011 and 2012, Congress temporarily lowered the Social Security tax rate for employees to 4.2 percent. You had to pay Social Security tax on the first $110,100 of gross income as of 2012. The income limit is adjusted annually, so check with the Internal Revenue Service for the current figure.