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.
Many people donât know that any income above $117,000 per year is not taxed by Social Security (this limit on the amount of earnings subject to the tax is adjusted annually to keep up with inflation). That means that someone who makes twice the cap this year â $234,000 â pays the tax on only half of his or her wages. And those lucky enough to make at least $1.2 million per year are taxed by Social Security on less than one-tenth of their income.