But... drum roll...
Only one person got all 4 questions right!!! I didn't think ANYBODY was going to get it right for a while.
Here are the answers:
- Old Age Survivors Disability Insurance.
- 6.2% (many of you were snazzy and included the note that the current limit is 106800 and that the self-employed rate is 12.4 %, Well done for the extra info!)
- Federal Insurance Contribution Act.
- Here's the one only one person got right. The answer is NOTHING.
The social security act was signed into law in 1935... but it didn't take effect until 1937. So... in 1937 the limit was $3000.00. 1935... it was non-existent.
Congrats to Allie for winning! You didn't get the bonus question right, but KUDOS for trying. E-mail me at krista @ kristaphillips . com with your address and I'll mail your "prize" to you!
Oh, and the bonus question... well... I'd written down the answer yesterday and didn't get it brought home, GR, and really, it's a pain in the butt to figure out and I'm not going through the trouble again. But it's about $701 and some odd change. I'd bore you with the exactly way to figure it... but I'm pretty sure no one cares. LOL. If you DO care, email me and I'll give you the low-down.
Thanks to everyone who played!!!!! It was fun!