FDX: Fed Addl Med
01-07-2014 | 03:33 PM
#1
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FDX: Fed Addl Med
Anybody else get a new line on your pay stub called "Fed Addl Med"? First saw it on 12/31/13 pay stub. Obamacare???
01-07-2014 | 05:14 PM
#2
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From: FedEx A-300 Captain
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
01-07-2014 | 05:27 PM
#3
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From: Two Wheeler FrontSeat
I paid $850 in fed addl med last year - 2013. It was enacted under Obamacare. "There will be an additional 0.9% tax on earned income in excess of $250,000 for families and $200,000 for individuals to help pay for Medicare Part A".
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
01-07-2014 | 05:28 PM
#4
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What I get a kick out of is the fact that most liberals/progressives feel so morally superior for supposedly helping other people out by spending someone else's money, extracted by force. Makes them "caring" and "compassionate".
01-07-2014 | 05:45 PM
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From: leaning to the left
I paid $850 in fed addl med last year - 2013. It was enacted under Obamacare. "There will be an additional 0.9% tax on earned income in excess of $250,000 for families and $200,000 for individuals to help pay for Medicare Part A".
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
$850/.009 = $94,500.
Of course, I'm assuming you're married and maxed out your 401K
On behalf of your union brothers and sisters trying to negotiate a contract that ALL of us can prosper under ...I'd like to thank you for doing your part.
Oh yah...And, LET THEM EAT CAKE!
01-07-2014 | 07:13 PM
#6
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From: FedEx A-300 Captain
So, you made $362,000 last year? ($250,000+94,500+17,500)
$850/.009 = $94,500.
Of course, I'm assuming you're married and maxed out your 401K
On behalf of your union brothers and sisters trying to negotiate a contract that ALL of us can prosper under ...I'd like to thank you for doing your part.
Oh yah...And, LET THEM EAT CAKE!
$850/.009 = $94,500.
Of course, I'm assuming you're married and maxed out your 401K
On behalf of your union brothers and sisters trying to negotiate a contract that ALL of us can prosper under ...I'd like to thank you for doing your part.
Oh yah...And, LET THEM EAT CAKE!
01-07-2014 | 07:22 PM
#7
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From: 767 FO
I paid $850 in fed addl med last year - 2013. It was enacted under Obamacare. "There will be an additional 0.9% tax on earned income in excess of $250,000 for families and $200,000 for individuals to help pay for Medicare Part A".
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
That quote is from TimeMagazine.Com. You're rich according to our president so you need to pay more. Congratulations.
Don't think of it as $850, think of it as just another R Day to go along with the other 40 + 10 R Days you "contribute".
Well $30 a month anyways, the other $40 goes to overhead and fraud.
01-07-2014 | 07:28 PM
#8
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From: Right for a long time
Also, since you're so giving, give me back my lost military retirement COLA increase out of your earnings, since that won't "affect YOU that bad" either.
01-07-2014 | 07:42 PM
#9
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Obamacare wasn't even supposed to kick in until this year (until Obama ignores the Constitution yet again to rewrite the law to hide the government's complete inability to even sign people up for health care, nevermind administer health care), so I didn't save any lives last year. But I did pay for their cellphones, lottery tickets, cigarettes, cable bill and beer, so I am probably actually responsible for killing a few people last year. Go ahead and ask me if that makes me upset....
01-07-2014 | 07:51 PM
#10
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From: MD11 FO, ANC
someone correct me if I'm wrong, but......
I believe that additional 0.9% is withholding & your final "bill" will be based on your adjusted gross income when you file your tax return.
also, I thought I read somewhere that the company is obligated to start the additional withholding after you exceed the $200K mark - because they don't know if you'll file as an individual or jointly
so.....you may get some/all of that "Fed Addl Med" back if your AGI comes in below the limits ($250K jointly - $200K individually)
I'm sure I'm way off, but that's what I recall hearing/reading......
I believe that additional 0.9% is withholding & your final "bill" will be based on your adjusted gross income when you file your tax return.
also, I thought I read somewhere that the company is obligated to start the additional withholding after you exceed the $200K mark - because they don't know if you'll file as an individual or jointly
so.....you may get some/all of that "Fed Addl Med" back if your AGI comes in below the limits ($250K jointly - $200K individually)
I'm sure I'm way off, but that's what I recall hearing/reading......
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