Spider Meaning. Spider spirit animal is the enchantress of creativity and artistic expression, she weaves a magical spell as she infuses her dreams into the web she weaves. In ritual she builds her web is creative expression and expectation of all she needs and desires.
Social Security tax is one part of the Federal Insurance Contribution Act (FICA) tax, and it is assessed at a rate of 12.4%. This is split evenly between the employee and employer, and it applies to earned income up to $118,500 for 2016 -- resulting in a maximum Social Security tax of $14,694. The remainder of FICA tax goes to Medicare.
The highly compensated employee exemption salary threshold, which was now $100,000, will now rise to $134,000 (not $122,148, as was in the proposal). The highly compensated employee exemption will be pegged at the annualized value of the 90th percentile of weekly earnings of full-time salaried workers, according to the rule. (See SHRM Online's FLSA Overtime Rule Resource Page.) FLSA Overtime Rule Compliance.