In my opinion, hospitality has existed since the beginning of the human race, because it carries the principle values of the human beings. Through out time, hospitality has played an essential role in our social life, because it has been used in many of its domains.n my opinion, hospitality has existed since the beginning of the human race, because it carries the principle values of the human beings. Through out time, hospitality has played an essential role in our social life, because it has been used in many of its domains.
Annual earnings limit. If you are younger than full retirement age during all of 2013, you can earn up to $15,120 without it affecting your Social Security benefit. After that, $1 will be deducted from your Social Security benefit for each $2 you earn above the limit. For example, if you sign up for Social Security benefits worth $600 per month ($7,200 for the year) and earn $20,800 ($5,680 above the $15,120 limit), the Social Security Administration would withhold $2,840 of your benefit.
In 2013 the average worker made $44,888 a year, according to the Social Security Administration. This worker and his or her employer will each pay $2,783 this year. Approximately 6 percent of all workers will earn more than the $118,500 tax cap. Earnings above the cap now account for 17 percent of the aggregate pay of all workers who pay into Social Security. An additional tax on workers' earnings pays for Medicare hospital insurance. This is a 1.45 percent levy, paid by workers and employers each on all wages, for a total tax of 2.9 percent.