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3) What happens to any deduction for social security when my actual earnings hit $84,900 (or whatever number it is in 2003 that hits the SSN maximum for deduction)? Do I see a sudden increase in my paycheck or is it somehow averaged out over the year's anticipated pay?

As someone already pointed out, you get a nice "raise" when you've hit the maximum FICA contribution for the year. I know that we always look forward to it for fall expenses. :-)

Another thing to take into account (as though you didn't have enough already)
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