I'm pretty sure that my SS deduction is based on the gross amount for the week AFTER my 401(k) deduction. Had it not been for that $15,000 contribution which is now maxed out I would have reached the SS max withholding several weeks ago.
I could be wrong, it wouldn't be the first time.
EDIT: By golly, you're right. I just looked up my Epay check statements for the last few weeks and the SS tax is around 1.5% since crossing the magic $94,200 threshold if I factor in the 401(k) contribution. Coolness. Thanks.
