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.
Social Security Tax Basics. The Social Security tax is based on a percentage of your salary. At the time of publication, you pay 4.2 percent of your income from employment in Social Security taxes. You pay this percentage on your first $110,100 in income, for a maximum of $4,624.20 per year. The IRS is responsible for collecting Social Security taxes. Your employer pays an additional 6.2 percent of your salary in Social Security taxes.