When you pay for a Shopify plan you also receive reliable and unlimited web hosting. This is a huge plus, since it can save you over $100 per year. The fast servers have around a 99.94% uptime, and the unlimited email forwarding gives every person in your organization an email address with your domain name in it.
The 2017 Social Security wage base increased by $8,700. The wage base in 2017 is $127,200. The 2016 Social Security wage base was $118,500. The Social Security wage base has increased in four of the last five years.
In 2010, the base wage amount when Social Security taxes disappeared from an employee's withholding, and the resulting employer match liability, stands at $106,800, making the employee responsible for a maximum payment of $6,621.60. Although the maximum salary amount remains the same in 2011, the percentages change. Employers are still responsible for 6.2 percent, up to the maximum. Workers, however, are responsible for only 4.2 percent up to the $106,800 maximum, lowering the maximum Social Security withheld to $4,485.60.